The blending department had the following data for the month of March: Units in BWIP - Units

Question:

The blending department had the following data for the month of March:

Units in BWIP - Units completed ........................7,200

Units in EWIP (40% complete) .........................750

Total manufacturing costs ...........................$27,000

Required:

1. What is the output in equivalent units for March?

2. What is the unit manufacturing cost for March?

3. Compute the cost of goods transferred out for March.

4. Calculate the value of March's EWIP.

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Cornerstones of Managerial Accounting

ISBN: 978-1305103962

6th edition

Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

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Question Posted: Aug 25, 2016 08:20 AM

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The blending department had the following data for the month of March: Units in BWIP - Units

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1 Equivalent Units Units completed 7200 Units in EWIP 300 O...View the full answer

Cornerstones of Managerial Accounting

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