ACCOUNT Work in Process-Baking Department Date Item Dec. 1 Bal., 5,700 units, 4/5 completed 31 Direct materials, 102,600 units 31 Direct labor Debit 153,900 45,350 25,504 Credit ACCOUNT NO. 228,792 Balance Debit Credit 11,514 165,414 210,764 236,268 7,476 7,476 31 Factory overhead. 31 Goods finished, 104,100 units 31 Bal., ? units, 2/5 completed a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during December 4. Cost of units started and completed during December 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for November and December, did the conversion cost per equivalent unit increase, decrease, or remain the same in December?
ACCOUNT Work in Process-Baking Department Date Item Dec. 1 Bal., 5,700 units, 4/5 completed 31 Direct materials, 102,600 units 31 Direct labor Debit 153,900 45,350 25,504 Credit ACCOUNT NO. 228,792 Balance Debit Credit 11,514 165,414 210,764 236,268 7,476 7,476 31 Factory overhead. 31 Goods finished, 104,100 units 31 Bal., ? units, 2/5 completed a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent. 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during December 4. Cost of units started and completed during December 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for November and December, did the conversion cost per equivalent unit increase, decrease, or remain the same in December?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

Transcribed Image Text:estion 3- Chapter 17 HW X
<
ow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssi... A
of production.
Date Item
Dec.
CengageNOWv2 | Online teac X
ACCOUNT Work in Process-Baking Department
1 Bal., 5,700 units, 4/5 completed
31 Direct materials, 102,600 units
31 Direct labor
21
Debit
153,900
45,350
25,504
Q Question Content Area The MX
Credit
228,792
$ M
ACCOUNT NO.
Balance
Debit
11,514
165,414
210,764
236,268
7,476
7,476
Credit
31 Factory overhead
31 Goods finished, 104,100 units
31 Bal., ? units, 2/5 completed
a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent.
1. Direct materials cost per equivalent unit
2. Conversion cost per equivalent unit
3. Cost of the beginning work in process completed during December
4. Cost of units started and completed during December
5. Cost of the ending work in process
b. Assuming that the direct materials cost is the same for November and December, did the conversion cost per equivalent unit increase,
decrease, or remain the same in December?
$
$
R
$
P
Ⓒ
B Mountain Springs Water Com X
✪
High...
Next
96
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