The Ent Company started 10,800 units and completed 7,200 of those units during the production period...
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The Ent Company started 10,800 units and completed 7,200 of those units during the production period in Its Finishing Department. The units in process at the beginning of the period were 60% complete with respect to conversion cost. The units in process at the end of the period were 50% complete with respect to conversion cost. A total of 10,000 units were finished and transferred out from the Finishing Department in the production period. Required: 1. Calculate the missing values in the following relation: 2. Calculate the equivalent units for each of the WACM and the FIFO methods for conversion cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the missing values in the following relation: BWIP Qty started 10,800 + Required 1 Required 2 Qty finished WACM method for conversion cost FIFO method for conversion cost 10.000 + < Required 1 EWIP Calculate the equivalent units for each of the WACM and the FIFO methods for conversion cost. Equivalent Units < Required 1 Required 2 > Required 2 > The Ent Company started 10,800 units and completed 7,200 of those units during the production period in Its Finishing Department. The units in process at the beginning of the period were 60% complete with respect to conversion cost. The units in process at the end of the period were 50% complete with respect to conversion cost. A total of 10,000 units were finished and transferred out from the Finishing Department in the production period. Required: 1. Calculate the missing values in the following relation: 2. Calculate the equivalent units for each of the WACM and the FIFO methods for conversion cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the missing values in the following relation: BWIP Qty started 10,800 + Required 1 Required 2 Qty finished WACM method for conversion cost FIFO method for conversion cost 10.000 + < Required 1 EWIP Calculate the equivalent units for each of the WACM and the FIFO methods for conversion cost. Equivalent Units < Required 1 Required 2 > Required 2 >
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
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