Question
The blending department had the following data for the month of March: Units in BWIP Units completed 21,600 Units in EWIP (10% complete) 2,250
The blending department had the following data for the month of March:
| Units in BWIP | — |
| Units completed | 21,600 |
| Units in EWIP (10% complete) | 2,250 |
| Total manufacturing costs | $106,943 |
Required:
1. What is the output in equivalent units for March?
2. What is the unit manufacturing cost for March? Note : Round your answer to the nearest cent.
3. Compute the cost of goods transferred out for March.
4. Calculate the value of March's EWIP.
Step by Step Solution
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1 Output in equivalent units for March Units completed ...
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
