Monsta Coa nes us to reip assgn and report costs. The company has teo depatsents mang...
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Monsta Coa nes us to reip assgn and report costs. The company has teo depatsents mang and botng Ta ad our anayss the loowng Taeau Dasnboard is provided winomation tor he inng depament The company uses he weghted average nehod 19av00 2 unite 6 40,000 unias Work in Process Inventory (In Units) Bingwatery units started this period 2001000 units Solue tor ni Velue Units completed and transterred Ending inventary 200.000 300.000 600.000 S0000 Work in Process Inventory Completion Percentages Beginning Materials percent completion. Beginning 70% Ending 100 Material percent completion, Ending 60% - Conversion percent completion, Ending 40% 40% 20% Conversion percnt completion, Beginning 30% Direct Materials Conversion Direct Materials Comversion Work in Process inventory Costs Beginning inventory Costs inventory Costs Added During Month 142,500 tonerskon 1,810,000 mversic 2,460,000 $390,000 Direct Moterials Dinect Materials 1. Compute the tatal equivalent unita of production for drect mateials and comersion, 2. Compute the conts per equisalent unt of production 1 Assign cnsta to the mixing depatmart's output (unta tranafered to betting and ending work in procesa inentory Complete this question by entering your answers in the tabs below. Required 1 Raquired Required 3 Assign costs to the mizing departmert's output (unts transferred to botting and ending work in process ventory). (Round "Cont per EUP" to 2 deomal places Cost Assigement and Reconciation Cost of unts tansferred out Diredt materials EUP Cost per EUP Total cost Conversion Total opsts tanatemed out Costs of enng work in process EUP Cost per EUP Total cost Direct materals 0,00 Conweraion D00 0.00 Total costs of enang work in process Total conts assigned ( Required 2 Monsta Coa nes us to reip assgn and report costs. The company has teo depatsents mang and botng Ta ad our anayss the loowng Taeau Dasnboard is provided winomation tor he inng depament The company uses he weghted average nehod 19av00 2 unite 6 40,000 unias Work in Process Inventory (In Units) Bingwatery units started this period 2001000 units Solue tor ni Velue Units completed and transterred Ending inventary 200.000 300.000 600.000 S0000 Work in Process Inventory Completion Percentages Beginning Materials percent completion. Beginning 70% Ending 100 Material percent completion, Ending 60% - Conversion percent completion, Ending 40% 40% 20% Conversion percnt completion, Beginning 30% Direct Materials Conversion Direct Materials Comversion Work in Process inventory Costs Beginning inventory Costs inventory Costs Added During Month 142,500 tonerskon 1,810,000 mversic 2,460,000 $390,000 Direct Moterials Dinect Materials 1. Compute the tatal equivalent unita of production for drect mateials and comersion, 2. Compute the conts per equisalent unt of production 1 Assign cnsta to the mixing depatmart's output (unta tranafered to betting and ending work in procesa inentory Complete this question by entering your answers in the tabs below. Required 1 Raquired Required 3 Assign costs to the mizing departmert's output (unts transferred to botting and ending work in process ventory). (Round "Cont per EUP" to 2 deomal places Cost Assigement and Reconciation Cost of unts tansferred out Diredt materials EUP Cost per EUP Total cost Conversion Total opsts tanatemed out Costs of enng work in process EUP Cost per EUP Total cost Direct materals 0,00 Conweraion D00 0.00 Total costs of enang work in process Total conts assigned ( Required 2
Expert Answer:
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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