help me 6. The costs per equivalent unit of direct materials and conversion in the Filling Dept. of Eve Cosmetics are $0.50 and $0.15, respectively. The equivalent units to be assigned costs are as follows:Equivalent UnitsDirect Materials ConversionInventory in process, beginning of periodStarted and completed during the periodTransferred out of Filling (completed)Inventory in process, end of periodTotal units to be assigned costsInventory in process, beginning ofperiodThe beginning work in process inventory had a cost of $1,800. Determine the cost of completed and transferred-out production, and the ending work in process inventory.DirectmaterialscostsConversion Total costscostsInventory in process, to completeStarted and completed during theperiod42,00042,0008,00050,000Transferred out of Filling (completed)Inventory in process, end of periodTotal units to be assigned costs1,60042,00043,6002,00045,600

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Description: help me 6. The costs per equivalent unit of direct materials and conversion in the Filling Dept. of Eve Cosmetics are $0.50 and $0.15, respectively. The equivalent units to be assigned costs are as follows:Equivalent UnitsDirect Materials ConversionI

Cost assigned to beginning inventory :— It is calculated by multiplying cost per equivalent units…

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6. The costs per equivalent unit of direct materials and conversion in the Filling Dept. of Eve Cosmetics are $0.50 and $0.15, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period Started and completed during the period Transferred out of Filling (completed) Inventory in process, end of period Total units to be assigned costs Inventory in process, beginning of period. Inventory in process, to complete Started and completed during the period 42,000 42,000 8,000 50,000 The beginning work in process inventory had a cost of $1,800. Determine the cost of completed and transferred-out production, and the ending work in process inventory. Direct materials Conversion Total costs costs costs Transferred out of Filling (completed) Inventory in process, end of period Total units to be assigned costs 1,600 42,000 43,600 2,000 45,600

6. The costs per equivalent unit of direct materials and conversion in the Filling Dept. of Eve Cosmetics are $0.50 and $0.15, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period Started and completed during the period Transferred out of Filling (completed) Inventory in process, end of period Total units to be assigned costs Inventory in process, beginning of period. Inventory in process, to complete Started and completed during the period 42,000 42,000 8,000 50,000 The beginning work in process inventory had a cost of $1,800. Determine the cost of completed and transferred-out production, and the ending work in process inventory. Direct materials Conversion Total costs costs costs Transferred out of Filling (completed) Inventory in process, end of period Total units to be assigned costs 1,600 42,000 43,600 2,000 45,600

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 7PB: The following data show the units in beginning work in process inventory, the number of units...

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Cost of units transferred out and ending work in processThe costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $0.40 and $0.10, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of periodStarted and completed during the periodTransferred out of Filling (completed)Inventory in process, end of periodTotal units to be assigned costs o42,00042,0008,00050,000 1,60042,00043,6002,00045,600 The beginning work in process inventory had a cost of $1,800. Determine the cost of completed and transferred-out production and the ending work in process inventory.
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