Question: Section C-Long Answer Questions - Answer any ONE (1x 7 marks 7 marks) 7. Nizwa Marble Company has several processing departments. Costs charged to the
Section C-Long Answer Questions - Answer any ONE (1x 7 marks 7 marks) 7. Nizwa Marble Company has several processing departments. Costs charged to the Assembly Department for October 2020 totaled S235,200 as follows: 20,000 18 560 Work in process. October 1 Materials Conversion costs Materials added Labor Overhead 38 560 100,000 36 640 60,000 Production records show that 1,000 units were in beginning work in process 40% completo as to conversion cost. 2,000 units were started into production, and 1.200 units were in onding work in process 10% completo as to conversion costs. Materials are entered at the beginning of each process Instructions: (a) Compute the physical units (b) Determine the equivalent units of production (c) The unit production costs for the Assembly Department (d) Determine the assignment of costs to goods transferred out and in process
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