Accurate Answer Meadow Manufacturing has unit costs for materials andconversion costs amounting to $4 and $7 respectively. Theending work in process includes 12,000 units (100% completeas to materials and 80% complete as to conversion costs). Thetotal cost of the ending work in process amounts to:A) $100,200B) $106,400C) $115,200D) $94,300

Provided Data:Unit cost of materials = $4Unit cost of conversion = $7Ending work in process = 12,000…

Answered: Meadow Manufacturing has unit costs for…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 5BE: The cost of direct materials transferred into the Rolling Department of Kraus Company is 3,000,000....

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The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
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