Question: WP Homework-Chapter 11 0.33 / 1 = : View Policies Show Attempt History Current Attempt in Progress The following three companies have just one manufacturing


WP Homework-Chapter 11 0.33 / 1 = : View Policies Show Attempt History Current Attempt in Progress The following three companies have just one manufacturing process in-house; they all incur conversion costs (CC) evenly throughout their process. Company A Units in beginning WIP Inventory 4,800 Additional information: Units started this period 19,600 Units in beginning WIP Inventory are 30% complete for conversion costs. Units in ending WIP Inventory 7.500 Units in ending WIP Inventory are 60% complete for conversion costs. Units completed DM is added at the very beginning of this process Company B Units started this period 13,700 Additional information: Units completed 18,600 Units in beginning WIP Inventory are 75% complete for conversion costs. Units in ending WIP Inventory 1,000 Units in ending WIP Inventory are 50% complete for conversion costs. Units in beginning WIP Inventory DM is added when units reach 30% complete for conversion costs. Company C Units in beginning WIP Inventory 10,300 Additional information:Additional information: Units started this period Units in beginning WIP Inventory are 80% complete for conversion costs. Units completed 28,900 Units in ending WIP Inventory are 30% complete for conversion costs. Units in ending WIP Inventory ,200 DM is added when units reach 95% complete for conversion costs. (a) Your answer is correct. Determine physical units and equivalent units of production for Company A under the (1) FIFO method and (2) weighted-average method. (1) FIFO method SUPPORT STEP 2WP Homework-Chapter 11 0.33 / 1 = : View Policies Show Attempt History Current Attempt in Progress The following three companies have just one manufacturing process in-house; they all incur conversion costs (CC) evenly throughout their process. Company A Units in beginning WIP Inventory 4,800 Additional information: Units started this period 19,600 Units in beginning WIP Inventory are 30% complete for conversion costs. Units in ending WIP Inventory 7.500 Units in ending WIP Inventory are 60% complete for conversion costs. Units completed DM is added at the very beginning of this process Company B Units started this period 13,700 Additional information: Units completed 18,600 Units in beginning WIP Inventory are 75% complete for conversion costs. Units in ending WIP Inventory 1,000 Units in ending WIP Inventory are 50% complete for conversion costs. Units in beginning WIP Inventory DM is added when units reach 30% complete for conversion costs. Company C Units in beginning WIP Inventory 10,300 Additional information:Additional information: Units started this period Units in beginning WIP Inventory are 80% complete for conversion costs. Units completed 28,900 Units in ending WIP Inventory are 30% complete for conversion costs. Units in ending WIP Inventory ,200 DM is added when units reach 95% complete for conversion costs. (a) Your answer is correct. Determine physical units and equivalent units of production for Company A under the (1) FIFO method and (2) weighted-average method. (1) FIFO method SUPPORT STEP 2
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