Data concerning a recent periods activity in the Prep Department, the first processing department in a company that uses process costing, appear below A total of 20,100 units were completed and transferred to the next processing department during the period Required Compute the cost of the units tr...

Materials Conversion Total Ending work in process inventory Equivalent u ...

Data concerning a recent periods activity in the Prep Department, the first processing department in a company

Question:

Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses process costing, appear below:

Materials Conversion 2,000 Equivalent units of production in ending work in process Cost per equivalent unit 800 $13.86

A total of 20,100 units were completed and transferred to the next processing department during the period.

Required:

Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory.

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Managerial Accounting

ISBN: 978-0697789938

13th Edition

Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer

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Question Posted: Jun 28, 2011 12:41 AM

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Data concerning a recent periods activity in the Prep Department, the first processing department in a company

Question:

Materials Conversion 2,000 Equivalent units of production in ending work in process Cost per equivalent unit 800 $13.86 $4.43

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Materials Conversion Total Ending work in process inventory Equivalent u...View the full answer

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