The Aniquilado Company uses process costing and has several production departments. Aniquilado uses the weighted average...
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The Aniquilado Company uses process costing and has several production departments. Aniquilado uses the weighted average method. In the firm's first production department, all direct materials are added when the units are 50% complete with respect to conversion costs. This department has the following inventory information. BWIP units (75% complete with respect to conversion costs): 5,000 Units completed: 150,000 EWIP units (40% complete with respect to conversion costs): 10,000 This period, the department has calculated the following cost per equivalent unit rates for direct materials and conversion costs. $50 Direct material cost per equivalent unit. $75 Conversion cost per equivalent unit What is the cost of the department's units completed and transferred out for this period (round to cents if necessary)? The Aniquilado Company uses process costing and has several production departments. Aniquilado uses the weighted average method. In the firm's first production department, all direct materials are added when the units are 50% complete with respect to conversion costs. This department has the following inventory information. BWIP units (75% complete with respect to conversion costs): 5,000 Units completed: 150,000 EWIP units (40% complete with respect to conversion costs): 10,000 This period, the department has calculated the following cost per equivalent unit rates for direct materials and conversion costs. $50 Direct material cost per equivalent unit. $75 Conversion cost per equivalent unit What is the cost of the department's units completed and transferred out for this period (round to cents if necessary)?
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Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
Posted Date:
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