Compute equivedent production, cost per equivalent unit, and ending work in process. (Objs. 1, 2, 3). The
Question:
Compute equivedent production, cost per equivalent unit, and ending work in process. (Objs. 1, 2, 3). The following data are given for the Assembly Department of the Emory Motor Company in April 19X9:
Beginning inventory, -0-
Units transferred in during month, 30,000 Units transferred out to next department during month, 24,000 Ending work in process, 6,000 units (75 percent complete as to materials)
Material costs incurred for the month, $3,028,124
a. What is the equivalent production for materials during the month?
b. What is the materials cost applicable to the 24,000 units transferred out of the department?
c. What is the materials cost in the ending inventory of work in process?
LO.1
Step by Step Answer:
Cost Accounting Principles And Applications
ISBN: 9780028034287
6th Edition
Authors: Horace R. Brock, Linda Herrington