703 EX 3-5 ok 1 Check my work Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Units Beginning work in process inventory Units started this period 75,000 Direct Materials Percent Complete 60% Conversio Percent Complete 40% 397,000 Completed and transferred out 375,000 Ending work in process inventory 97,000 80% 30% ercise 3-9 (Algo) Weighted average: Cost per equivalent unit; its assigned to output and inventory LO P1 production department had the cost information below. eginning work in process inventory Direct materials Conversion sts added this period Direct materials Conversion $ 180,260 48,036 $ 228,296 1,222,800 800,574 2,023,374 otal costs to account for $ 2,251,670 Compute cost per equivalent unit for both direct materials and conversion. Note: Round "Cost per EUP" to 2 decimal places. . Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. quired a. method Direct Ma 703 EX 3-5 ok 1 Check my work Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Units Beginning work in process inventory Units started this period 75,000 Direct Materials Percent Complete 60% Conversio Percent Complete 40% 397,000 Completed and transferred out 375,000 Ending work in process inventory 97,000 80% 30% ercise 3-9 (Algo) Weighted average: Cost per equivalent unit; its assigned to output and inventory LO P1 production department had the cost information below. eginning work in process inventory Direct materials Conversion sts added this period Direct materials Conversion $ 180,260 48,036 $ 228,296 1,222,800 800,574 2,023,374 otal costs to account for $ 2,251,670 Compute cost per equivalent unit for both direct materials and conversion. Note: Round "Cost per EUP" to 2 decimal places. . Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. quired a. method Direct Ma

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 15E: Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the...
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703 EX 3-5
ok
1
Check my work
Required information
Use the following information for the Exercises below.
(Algo)
[The following information applies to the questions displayed below.]
The first production department of Stone Incorporated reports the
following for April.
Units
Beginning work in process inventory
Units started this period
75,000
Direct
Materials
Percent
Complete
60%
Conversio
Percent
Complete
40%
397,000
Completed and transferred out
375,000
Ending work in process inventory
97,000
80%
30%
ercise 3-9 (Algo) Weighted average: Cost per equivalent unit;
its assigned to output and inventory LO P1
production department had the cost information below.
eginning work in process inventory
Direct materials
Conversion
sts added this period
Direct materials
Conversion
$ 180,260
48,036
$ 228,296
1,222,800
800,574
2,023,374
otal costs to account for
$ 2,251,670
Compute cost per equivalent unit for both direct materials and conversion.
Note: Round "Cost per EUP" to 2 decimal places.
. Using the weighted average method, assign April's costs to the department's
output-specifically, its units transferred to the next department and its ending
work in process inventory.
Note: Round "Cost per EUP" to 2 decimal places.
quired a.
method
Direct Ma
Transcribed Image Text:703 EX 3-5 ok 1 Check my work Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Units Beginning work in process inventory Units started this period 75,000 Direct Materials Percent Complete 60% Conversio Percent Complete 40% 397,000 Completed and transferred out 375,000 Ending work in process inventory 97,000 80% 30% ercise 3-9 (Algo) Weighted average: Cost per equivalent unit; its assigned to output and inventory LO P1 production department had the cost information below. eginning work in process inventory Direct materials Conversion sts added this period Direct materials Conversion $ 180,260 48,036 $ 228,296 1,222,800 800,574 2,023,374 otal costs to account for $ 2,251,670 Compute cost per equivalent unit for both direct materials and conversion. Note: Round "Cost per EUP" to 2 decimal places. . Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. quired a. method Direct Ma
703 EX 3-5
ok
1
Check my work
Required information
Use the following information for the Exercises below.
(Algo)
[The following information applies to the questions displayed below.]
The first production department of Stone Incorporated reports the
following for April.
Units
Beginning work in process inventory
Units started this period
75,000
Direct
Materials
Percent
Complete
60%
Conversio
Percent
Complete
40%
397,000
Completed and transferred out
375,000
Ending work in process inventory
97,000
80%
30%
ercise 3-9 (Algo) Weighted average: Cost per equivalent unit;
its assigned to output and inventory LO P1
production department had the cost information below.
eginning work in process inventory
Direct materials
Conversion
sts added this period
Direct materials
Conversion
$ 180,260
48,036
$ 228,296
1,222,800
800,574
2,023,374
otal costs to account for
$ 2,251,670
Compute cost per equivalent unit for both direct materials and conversion.
Note: Round "Cost per EUP" to 2 decimal places.
. Using the weighted average method, assign April's costs to the department's
output-specifically, its units transferred to the next department and its ending
work in process inventory.
Note: Round "Cost per EUP" to 2 decimal places.
quired a.
method
Direct Ma
Transcribed Image Text:703 EX 3-5 ok 1 Check my work Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The first production department of Stone Incorporated reports the following for April. Units Beginning work in process inventory Units started this period 75,000 Direct Materials Percent Complete 60% Conversio Percent Complete 40% 397,000 Completed and transferred out 375,000 Ending work in process inventory 97,000 80% 30% ercise 3-9 (Algo) Weighted average: Cost per equivalent unit; its assigned to output and inventory LO P1 production department had the cost information below. eginning work in process inventory Direct materials Conversion sts added this period Direct materials Conversion $ 180,260 48,036 $ 228,296 1,222,800 800,574 2,023,374 otal costs to account for $ 2,251,670 Compute cost per equivalent unit for both direct materials and conversion. Note: Round "Cost per EUP" to 2 decimal places. . Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. quired a. method Direct Ma
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