Compute equivalent production, cost per equivalent unit, and ending work in process. (Objs. 1, 2, 3). The
Question:
Compute equivalent production, cost per equivalent unit, and ending work in process. (Objs. 1, 2, 3). The following data are given for the Grinding Depcirtment of the Midwest Commercial Tray Company in November 19X9:
Beginning inventory, -0-
Units placed in production during month, 42,000 Units transferred to next department during month, 40,000 Ending work in process, 2,000 units (25 percent complete as to overhead)
Overhead costs incurred for month, $81,405
a. What is the equivalent production for overhead during the month?
b. What is the overhead cost per equivalent unit?
c. What is the overhead cost in the ending inventory of work in process?
LO.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cost Accounting Principles And Applications
ISBN: 9780028034287
6th Edition
Authors: Horace R. Brock, Linda Herrington
Question Posted: