Question: The actions E LO 2. 3. 4. The data come Autocado Work in Process Painting WI B 2.00 Material Tradu 2. sat C 531 De

 The actions E LO 2. 3. 4. The data come Autocado
Work in Process Painting WI B 2.00 Material Tradu 2. sat C

The actions E LO 2. 3. 4. The data come Autocado Work in Process Painting WI B 2.00 Material Tradu 2. sat C 531 De Production records show there were 400 units in 1000 This works 2,040 50 TM gry were 409.com Mall we need theme of the pa po Instruction aw many units are process of Mw319 b. What is the unmorials costo May c. What is the unit conversion cost for May d. What the total cost of us astored on May e. What is the cost of the May 31 inventory? w/books/9781119390459/6/249/10/32/2200.78.6 E3.3 (LO 2. 3. 4), AP The ledger of American Company has the following work in process account o X X Answer questions on costs and production Work in Process-Painting 5/1 Balance 3,590 5/31 Transferred out 5/31 Materials 5.160 5/31 Labor 2,530 5/31 Overhead 1,380 5/31 Balance ? Production records show that there were 400 units in the beginning inventory, 30% complete, 1,600 units started and 1.700 units transferred out. The beginning work in process had materials cost of $2,040 and conversion costs of 31 550 The units in ending inventory were 40% complete Materials are entered at the beginning of the painting process Instructions a. How many units are in process at May 31? b. What is the unit materials cost for May? c. What is the unit conversion cost for May? d. What is the total cost of units transferred out in May? e. What is the cost of the May 31 inventory

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!