Schiller Company has current unit costs of $5 for materials and $15 for conversion costs. In...
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Schiller Company has current unit costs of $5 for materials and $15 for conversion costs. In process beginning is 4,200 units, 25% as to conversion and 100% as to materials. Under FIFO method how will you compute for the additional production cost to be added to the cost of the work in process beginning O (4,200 x 5) + (1,050 x 15) O 1,050 x 15 O 3,150 x 15 OD) (4,200 x 5) + (3,150 x 15) The Quantity Schedule showed units received from the preceding dept was 60,000 and units completed in this department was 50,000 for the month of May. Materials are added at the start and 1,000 units are expected to be lost, a result of normal machine processing. Lost units are noted at inspection point which is halfway in the production process. The equivalent finished units for material cost is 059,000 50,000 51,000 0 60,000 Question 25 Quantity Schedule for May showed units received from the preceding dept was 60,000 and units completed in this department was 50,000. with 1,000 units lost, a result of normal machine processing. Materials are added at the start of the month. What were the equivalent units for conversion cost if work in process at the end of May was 40% incomplete? 56,400 55.400 59.000 1 pts Schiller Company has current unit costs of $5 for materials and $15 for conversion costs. In process beginning is 4,200 units, 25% as to conversion and 100% as to materials. Under FIFO method how will you compute for the additional production cost to be added to the cost of the work in process beginning O (4,200 x 5) + (1,050 x 15) O 1,050 x 15 O 3,150 x 15 OD) (4,200 x 5) + (3,150 x 15) The Quantity Schedule showed units received from the preceding dept was 60,000 and units completed in this department was 50,000 for the month of May. Materials are added at the start and 1,000 units are expected to be lost, a result of normal machine processing. Lost units are noted at inspection point which is halfway in the production process. The equivalent finished units for material cost is 059,000 50,000 51,000 0 60,000 Question 25 Quantity Schedule for May showed units received from the preceding dept was 60,000 and units completed in this department was 50,000. with 1,000 units lost, a result of normal machine processing. Materials are added at the start of the month. What were the equivalent units for conversion cost if work in process at the end of May was 40% incomplete? 56,400 55.400 59.000 1 pts
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