The following data (and annotations) are for Empire Companys processing department work in process account for the
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The following data (and annotations) are for Empire Company’s processing department work in process account for the month of September 2016:
Empire uses the weighted average method. Materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Ending work in process is comprised of 1,000 units, 60% complete. Compute the following:
a. Equivalent units for direct materials and conversion.
b. Cost per equivalent unit for direct materials and conversion.
c. Total cost assigned to the units transferred out.
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Related Book For 
Managerial Accounting For Undergraduates
ISBN: 9781618531124
1st Edition
Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.
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