M02 Ch 16 Graded Practice Saved 3 Assembly Department Units Percent Complete for Direct Materials Part 1 of 3 Beginning work in process inventory Units started this period 3,000 70% Percent Complete for Conversion 30% 11,300 Units completed and transferred out Ending work in process inventory 10,000 4,300 80% 30% 2 points Cost of beginning work in process Direct materials $ 1,533 Conversion Costs added this month Direct materials Conversion 761 $ 2,294 11,907 21,819 33,726 eBook Hint Print References Mc Upcoming Earnings Graw Hill Help 2= Save & Exit Submit Check my work Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. Numerator: Costs to be allocated Direct Materials $ Conversion $ Q Search Cost per equivalent unit of production-FIFO Denominator: Equivalent units of production Cost per equivalent unit of production 11,907 21,819 0 9 < Prev 3 4 5 of 5 Next > 8:43 PM 6/13/2024 a

M02 Ch 16 Graded Practice Saved 3 Assembly Department Units Percent Complete for Direct Materials Part 1 of 3 Beginning work in process inventory Units started this period 3,000 70% Percent Complete for Conversion 30% 11,300 Units completed and transferred out Ending work in process inventory 10,000 4,300 80% 30% 2 points Cost of beginning work in process Direct materials $ 1,533 Conversion Costs added this month Direct materials Conversion 761 $ 2,294 11,907 21,819 33,726 eBook Hint Print References Mc Upcoming Earnings Graw Hill Help 2= Save & Exit Submit Check my work Calculate the Assembly department's cost per equivalent unit of production for materials and for conversion for November. Use the FIFO method. Numerator: Costs to be allocated Direct Materials $ Conversion $ Q Search Cost per equivalent unit of production-FIFO Denominator: Equivalent units of production Cost per equivalent unit of production 11,907 21,819 0 9 < Prev 3 4 5 of 5 Next > 8:43 PM 6/13/2024 a

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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