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Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. October data for the Roasting department follow. Direct Materials Conversion. Units Beginning work in process inventory Units started and completed 3,500 Percent Complete Complete 100% 30% Percent 19,700 Units completed and transferred out Ending work in process inventory 23,200 2,900 100% 70% Beginning work in process inventory Costs added this period $ 122,270 Direct materials. Conversion Total costs to account for $ 271,200 1,196,910 1,468,110 $ 1,590,380 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Equivalent units of production Cost per equivalent unit of production Materials Conversion

Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. October data for the Roasting department follow. Direct Materials Conversion. Units Beginning work in process inventory Units started and completed 3,500 Percent Complete Complete 100% 30% Percent 19,700 Units completed and transferred out Ending work in process inventory 23,200 2,900 100% 70% Beginning work in process inventory Costs added this period $ 122,270 Direct materials. Conversion Total costs to account for $ 271,200 1,196,910 1,468,110 $ 1,590,380 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Equivalent units of production Cost per equivalent unit of production Materials Conversion

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. October data for the Roasting department follow. Direct Materials Conversion. Units Beginning work in process inventory Units started and completed 3,500 Percent Complete Complete 100% 30% Percent 19,700 Units completed and transferred out Ending work in process inventory 23,200 2,900 100% 70% Beginning work in process inventory Costs added this period $ 122,270 Direct materials. Conversion Total costs to account for $ 271,200 1,196,910 1,468,110 $ 1,590,380 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Equivalent units of production Cost per equivalent unit of production Materials Conversion
Transcribed Image Text:Dengo Company makes a trail mix in two departments: Roasting and Blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly throughout each process. The company uses the FIFO method of process costing. October data for the Roasting department follow. Direct Materials Conversion. Units Beginning work in process inventory Units started and completed 3,500 Percent Complete Complete 100% 30% Percent 19,700 Units completed and transferred out Ending work in process inventory 23,200 2,900 100% 70% Beginning work in process inventory Costs added this period $ 122,270 Direct materials. Conversion Total costs to account for $ 271,200 1,196,910 1,468,110 $ 1,590,380 2. Compute cost per equivalent unit of production for both direct materials and conversion. Cost per equivalent unit of production Equivalent units of production Cost per equivalent unit of production Materials Conversion
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