Costs incurred during November include: Direct materials Direct labour Manufacturing overhead (a) Calculate the equivalent units of production for materials and for conversion costs. Equivalent units of production eTextbook and Media $550,755 195,000 357,898 Save for Later Direct Materials Conversion Costs Attempts: 0 of 3 used Submit Answer
Costs incurred during November include: Direct materials Direct labour Manufacturing overhead (a) Calculate the equivalent units of production for materials and for conversion costs. Equivalent units of production eTextbook and Media $550,755 195,000 357,898 Save for Later Direct Materials Conversion Costs Attempts: 0 of 3 used Submit Answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Costs incurred during November include:
Direct materials
Direct labour
Manufacturing overhead
(a)
Calculate the equivalent units of production for materials and for conversion costs.
Equivalent units of production
eTextbook and Media
$550,755
195,000
357,898
Save for Later
Direct Materials
Conversion
Costs
Attempts: 0 of 3 used Submit Answer
Transcribed Image Text:Blossom Manufacturing Ltd. has the following cost and production data for the month of November. Conversion costs are incurred
uniformly throughout the process.
Units in beginning work in process
Units started into production
Units completed and transferred
Units in ending work in process
17,400
102,300
92,100
27,600
The ending inventory was 40% complete for conversion costs. Materials are added at the beginning of the process.
Costs pertaining to the month of November are as follows:
Beginning inventory costs are:
Direct materials
Direct labour
Manufacturing overhead
Costs incurred during November include:
Direct materials
$65,700
21,600
13,400
$550,755
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