Bradstreet Company manufactures cell phones. The conversion costs to produce cell phones for November are added evenly throughout the process in the Assembly Department. The company uses the weighted-average method. For each of the following separate assumptions, calculate the equivalent units of production for conversion costs in the ending Work-in-Process Inventory for the Assembly Department: 1. 8,000 cell phones were 60% complete 2. 26,000 cell phones were 40% complete Identify the formula to calculate the equivalent units of production (EUP) for conversion costs in ending Work-in-Process Inventory (WIP). Equivalent units of production =
Bradstreet Company manufactures cell phones. The conversion costs to produce cell phones for November are added evenly throughout the process in the Assembly Department. The company uses the weighted-average method. For each of the following separate assumptions, calculate the equivalent units of production for conversion costs in the ending Work-in-Process Inventory for the Assembly Department: 1. 8,000 cell phones were 60% complete 2. 26,000 cell phones were 40% complete Identify the formula to calculate the equivalent units of production (EUP) for conversion costs in ending Work-in-Process Inventory (WIP). Equivalent units of production =
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 17E: K-Briggs Company uses the FIFO method to account for the costs of production. For Crushing, the...
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