27. LO.2 (WA EUP; cost per WA EUP) BeGone manufactures spray cans of insect repel- lent. On August 1,2010, the company had 9,800 units in the beginning WIP Inventory that were 100 percent complete as to canisters, 60 percent complete as to other mate- rials, 40 percent complete as to direct labor, and 20 percent complete as to overhead. During August, BeGone started 81,500 units in the manufacturing process. Ending WIP Inventory included 4,600 units that were 100 percent complete as to canisters, 40 percent complete as to other materials, 20 percent complete as to direct labor, and 10 percent complete as to overhead. Cost information for the month is as follows: Beginning WIP Inventory Canisters $ 6535 6,174 6,431 1,070 Other direct materials Direct labor Overhead August costs Canisters 61,940 Other direct materials 86,793 Direct labor 81,189 Overhead 160,176 Prepare a schedule showing the BeGone August 2010 computation of weighted aver- age equivalent units of production and cost per equivalent unit.
27. LO.2 (WA EUP; cost per WA EUP) BeGone manufactures spray cans of insect repel- lent. On August 1,2010, the company had 9,800 units in the beginning WIP Inventory that were 100 percent complete as to canisters, 60 percent complete as to other mate- rials, 40 percent complete as to direct labor, and 20 percent complete as to overhead. During August, BeGone started 81,500 units in the manufacturing process. Ending WIP Inventory included 4,600 units that were 100 percent complete as to canisters, 40 percent complete as to other materials, 20 percent complete as to direct labor, and 10 percent complete as to overhead. Cost information for the month is as follows: Beginning WIP Inventory Canisters $ 6535 6,174 6,431 1,070 Other direct materials Direct labor Overhead August costs Canisters 61,940 Other direct materials 86,793 Direct labor 81,189 Overhead 160,176 Prepare a schedule showing the BeGone August 2010 computation of weighted aver- age equivalent units of production and cost per equivalent unit.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 21E: Ellerson Company provided the following information for the last calendar year: During the year,...
Related questions
Concept explainers
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
Topic Video
Question
![27. LO.2 (WA EUP; cost per WA EUP) BeGone manufactures spray cans of insect repel-
lent. On August 1,2010, the company had 9,800 units in the beginning WIP Inventory
that were 100 percent complete as to canisters, 60 percent complete as to other mate-
rials, 40 percent complete as to direct labor, and 20 percent complete as to overhead.
During August, BeGone started 81,500 units in the manufacturing process. Ending
WIP Inventory included 4,600 units that were 100 percent complete as to canisters,
40 percent complete as to other materials, 20 percent complete as to direct labor, and
10 percent complete as to overhead.
Cost information for the month is as follows:
Beginning WIP Inventory
Canisters
$ 6,535
Other direct materials
6,174
Direct labor
6,431
Overhead
1,070
August costs
Canisters
61,940
Other direct materials
86,793
Direct labor
81,189
Overhead
160,176
Prepare a schedule showing the BeGone August 2010 computation of weighted aver-
age equivalent units of production and cost per equivalent unit.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9acc8516-443a-490c-857a-93030e2ab2a6%2F9551fd09-bc21-4e19-b203-a50827c8b1d4%2Fc3ffgg_processed.png&w=3840&q=75)
Transcribed Image Text:27. LO.2 (WA EUP; cost per WA EUP) BeGone manufactures spray cans of insect repel-
lent. On August 1,2010, the company had 9,800 units in the beginning WIP Inventory
that were 100 percent complete as to canisters, 60 percent complete as to other mate-
rials, 40 percent complete as to direct labor, and 20 percent complete as to overhead.
During August, BeGone started 81,500 units in the manufacturing process. Ending
WIP Inventory included 4,600 units that were 100 percent complete as to canisters,
40 percent complete as to other materials, 20 percent complete as to direct labor, and
10 percent complete as to overhead.
Cost information for the month is as follows:
Beginning WIP Inventory
Canisters
$ 6,535
Other direct materials
6,174
Direct labor
6,431
Overhead
1,070
August costs
Canisters
61,940
Other direct materials
86,793
Direct labor
81,189
Overhead
160,176
Prepare a schedule showing the BeGone August 2010 computation of weighted aver-
age equivalent units of production and cost per equivalent unit.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Financial And Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337902663/9781337902663_smallCoverImage.jpg)
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Financial And Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337902663/9781337902663_smallCoverImage.jpg)
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
![Financial & Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781285866307/9781285866307_smallCoverImage.gif)
Financial & Managerial Accounting
Accounting
ISBN:
9781285866307
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning