The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct material placed in process at the beginning of production. Work In Process-Assembly Department Bal., 2,000 units, 25% completed 5,100 To Finished Goods, 46,000 units 79,900 126,400 49,165 Direct materials, 47,000 units @ $1.7 Direct labor Factory overhead Bal., ? units, 65% completed Cost per equivalent units of $1.70 for Direct Materials and $3.70 for Conversion Costs. a. Based on the above data, determine the different costs listed below. If required, round your Interim calculations to two decimal places. $4 1. Cost of beginning work in process inventory completed this period %24 2. Cost of units transferred to finished goods during the period %24 3. Cost of ending work in process inventory 24 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.)

The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct material placed in process at the beginning of production. Work In Process-Assembly Department Bal., 2,000 units, 25% completed 5,100 To Finished Goods, 46,000 units 79,900 126,400 49,165 Direct materials, 47,000 units @ $1.7 Direct labor Factory overhead Bal., ? units, 65% completed Cost per equivalent units of $1.70 for Direct Materials and $3.70 for Conversion Costs. a. Based on the above data, determine the different costs listed below. If required, round your Interim calculations to two decimal places. $4 1. Cost of beginning work in process inventory completed this period %24 2. Cost of units transferred to finished goods during the period %24 3. Cost of ending work in process inventory 24 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.)

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Description: Cost per equivalent units of $1.70 for Direct Materials and $3.70 for Conversion Costs.a. Based on the above data, determine the different costs listed below.If required, round your Interim calculations to two decimal places.%241. Cost of beginning

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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