The mixing department had the following data for the month of December: Units in BWIP Units
Question:
The mixing department had the following data for the month of December:
Units in BWIP —
Units completed 5,850
Units in EWIP (30 percent complete) 500
Total manufacturing costs $3,900
Required:
1. What is the output in equivalent units for December?
2. What is the unit manufacturing cost for December?
3. Calculate the cost of goods transferred out for December.
4. Calculate the value of December’s EWIP.
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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