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eBook Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as direct materials are placed in process at the beginning of production. " Bal., 5,000 units, 55% completed Direct materials, 118,000 units @ $1.8 Direct labor Work in Process-Assembly Department Factory overhead Bal., 2 units, 25% completed Cost per equivalent units of $1.80 for Dir 20,000 To Finished Goods, 115,000 units 212,400 353,700 137,575 Materials and $4.30 for Conversion Costs. a. Based on the above data, determine the different costs listed below. 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) b. Did the production costs change from the preceding period? Yes ČUDO

eBook Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as direct materials are placed in process at the beginning of production. " Bal., 5,000 units, 55% completed Direct materials, 118,000 units @ $1.8 Direct labor Work in Process-Assembly Department Factory overhead Bal., 2 units, 25% completed Cost per equivalent units of $1.80 for Dir 20,000 To Finished Goods, 115,000 units 212,400 353,700 137,575 Materials and $4.30 for Conversion Costs. a. Based on the above data, determine the different costs listed below. 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) b. Did the production costs change from the preceding period? Yes ČUDO

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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eBook Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as direct materials are placed in process at the beginning of production. Bal., 5,000 units, 55% completed Direct materials, 118,000 units @ $1.8 Direct labor Work in Process-Assembly Department 20,000 To Finished Goods, 115,000 units 212,400 353,700 137,575 Factory overhead Bal., 2 units, 25% completed Cost per equivalent units of $1.80 for Direct Materials and $4.30 for Conversion Costs. P a. Based on the above data, determine the different costs listed below. 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) b. Did the production costs change from the preceding period? Yes $ LA SA LA X
Transcribed Image Text:eBook Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as direct materials are placed in process at the beginning of production. Bal., 5,000 units, 55% completed Direct materials, 118,000 units @ $1.8 Direct labor Work in Process-Assembly Department 20,000 To Finished Goods, 115,000 units 212,400 353,700 137,575 Factory overhead Bal., 2 units, 25% completed Cost per equivalent units of $1.80 for Direct Materials and $4.30 for Conversion Costs. P a. Based on the above data, determine the different costs listed below. 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) b. Did the production costs change from the preceding period? Yes $ LA SA LA X
eBook Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follo direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Work in Process-Assembly Department Bal., 5,000 units, 55% completed 20,000 To Finished Goods, 115,000 units Direct materials, 118,000 units @ $1.8 212,400 Direct labor 353,700 Factory overhead 137,575 Bal., ? units, 25% completed? Cost per equivalent units of $1.80 for Direct Materials and $4.30 for Conversion Costs. a. Based on the above data, determine the different costs listed below. Cost of beginning work in process inventory completed this period Cost of units transferred to f
Transcribed Image Text:eBook Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follo direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Work in Process-Assembly Department Bal., 5,000 units, 55% completed 20,000 To Finished Goods, 115,000 units Direct materials, 118,000 units @ $1.8 212,400 Direct labor 353,700 Factory overhead 137,575 Bal., ? units, 25% completed? Cost per equivalent units of $1.80 for Direct Materials and $4.30 for Conversion Costs. a. Based on the above data, determine the different costs listed below. Cost of beginning work in process inventory completed this period Cost of units transferred to f
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