Question: Units Regioning work in process inventory Started Ending work in process inventory Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Costs 2,500

Units Regioning work in process inventory Started Ending work in process inventory Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Costs 2,500 Beginning work in process inventory 25,000 Direct materials 5,000 Conversion $ 4.925 6,240 Direct materials added 1001 Direct Labor added 358 overhead applied (140% of direct labor Total costs to account for Ending work in process inventory $ 11,165 174,100 172,000 240,00 $598,065 $ 62,790 Prepare a process cost summary report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Total Costs to Account for $ 0 Total costs to account for Total costs accounted for Difference due to rounding costunit Unit Reconciliation Units to account for: $ 0 Total units to account for Total units accounted for: Total units accounted for Equivalent Unit of Production (EUP Weighted Average Method Units Materials EUP. Materials Conversion EUP.Conversion Total units Cont per Equivalent Unit of Production Materiale Conversion Total units to account for Total units accounted for: Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Conversion Total units Cost per Equivalent Unit of Production Materials Conversion Costs EUP Costs EUP 0 Cost per EUP Total cost Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for Cost of units transferred out: EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Direct materials Conversion Total cost of ending work in process Total costs accounted for Total cost Cost per EUP $ 0.00 $ 0.00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
