Brite Toothbrushes has gathered the following information to complete Its Production Report for the month of April. Assume all materials are added at the beginning of the process. Required: Using the provided information, complete the report (Round cost per Equivalent Units to 2 decimal places.) Total units UNITS Units to be accounted for Beginning work in process 50% complete as to conversion Started into production Units accounted for Completed and transferred out Ending work in process 30% complete as to conversion Total units COSTS Cost of beginning work in process Current period costs Total costs Equivalent units Cost per equivalent unit BRITE TOOTHBRUSHES Process Costing Production Report (Weighted Average Method) Costs to be accounted for Beginning work in process Current period costs Total costs Costs accounted for Assembly Department For the Month Ended April 30, Current Year Completed and transfened out Ending work in process Total costs Physical Units 12.500 65,000 77,500 65.000 Equivalent Units Direct Materials Direct Materials Conversion Cost Conversion Cost S 52.500 S 17.500 S Direct Materials Total Cost $ 1,007,500 $ 1,031.250 $ 2.038,750 Conversion Cost 70.000 Total Cost

Brite Toothbrushes has gathered the following information to complete Its Production Report for the month of April. Assume all materials are added at the beginning of the process. Required: Using the provided information, complete the report (Round cost per Equivalent Units to 2 decimal places.) Total units UNITS Units to be accounted for Beginning work in process 50% complete as to conversion Started into production Units accounted for Completed and transferred out Ending work in process 30% complete as to conversion Total units COSTS Cost of beginning work in process Current period costs Total costs Equivalent units Cost per equivalent unit BRITE TOOTHBRUSHES Process Costing Production Report (Weighted Average Method) Costs to be accounted for Beginning work in process Current period costs Total costs Costs accounted for Assembly Department For the Month Ended April 30, Current Year Completed and transfened out Ending work in process Total costs Physical Units 12.500 65,000 77,500 65.000 Equivalent Units Direct Materials Direct Materials Conversion Cost Conversion Cost S 52.500 S 17.500 S Direct Materials Total Cost $ 1,007,500 $ 1,031.250 $ 2.038,750 Conversion Cost 70.000 Total Cost

Name: Brite Toothbrushes has gathered the following information to complete
Uploaded: 2024-03-20T06:32:49.000Z
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Description: Brite Toothbrushes has gathered the following information to complete Its Production Report for the month of April. Assume allmaterials are added at the beginning of the process.Required:Using the provided information, complete the report(Round cost

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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