Baden Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 0 41,800 7,800 Conversion costs Materials 40 % 100 % Costs incurred: Direct materials $77,330 Direct labor $68,900 Overhead $109,276
Baden Company has gathered the following information. Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: 0 41,800 7,800 Conversion costs Materials 40 % 100 % Costs incurred: Direct materials $77,330 Direct labor $68,900 Overhead $109,276
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 4BE: The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inventory...
Related questions
Question
Compute equivalent units of production for materials and for conversion costs. Determine the unit costs of production. (Round unit costs to 2 decimal places,
e.g. 2.25 . ) Show the assignment of costs to units transferred out and in process.
Units transferred out
s
Units in ending work in process
s
eTextbook and MediaBaden Company has gathered the following information.
Costs incurred:
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