Compute the units cost for AugustANSWER IN EXCEL FORM Mara ususes weighted-average process costing. It had the following data in AugustBeginning Inventory, 60% completeUnits Completed10,000 units50,000 unitsUnits in Ending Inventory, 40% completeCost of beginning inventoryCurrent period production cost5,000 units105,000831,000

Weighted average method is one of the method used in process costing. In this method, equivalent…

Answered: Compute the units cost for August…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Using the following terms and following the format in the textbook, prepare the worksheet to show the calculation to answer the question: Units completed and transferred Cost per material Cost per conversion out Equivalent units conversion Beginning inventory Units started in production Total units to account for Total work in process Ending inventory Units transferred in Total units accounted for Costs to account for Question: How many units were started into production in a period if there were zero units of beginning work in process inventory, 1,100 units in ending work in process inventory, and 21,500 completed and transferred out units? PLEASE NOTE: For units, use commas as needed (i.e. 1,234). Term Units
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Compute (a) manufacturing cycle time and (b) manufacturing cycle efficiency using the following information from a manufacturing company. Process time. 15.0 minutes Move time. 6.4 minutes Inspection time. 2.0 minutes Wait time. 36.6 minutes
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Compute the units cost for August ANSWER IN EXCEL FORM