The following data relate to Work in Process-Department C. in which all materials are added at the
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The following data relate to Work in Process-Department C. in which all materials are added at the start of processing: pg85
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Work in Process-Department C: Inventory, March 1: Materials cost (1,200 pounds; 100% completel Conversion cost (20% complete). Costs incurred this period: Direct materials used (9,000 pounds) Direct labor Overhead Inventory, March 31: $ 7,020 1,804 $36,330 10,880 17,820 Materials cost (1,800 pounds, 100% complete) Conversion cost (1,800 pounds, 80% complete) Pounds of product transferred out 8.400 Using these data, compute: a. The unit cost per equivalent unit for materials and conversion (use the average cost method). b. The cost of the product transferred out.
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Related Book For
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
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