Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11 ! Required information [The following information applies to the questions displayed below.] Part 1 of 2 3 points Zia Co. makes flowerpots from recycled

image text in transcribed

11 ! Required information [The following information applies to the questions displayed below.] Part 1 of 2 3 points Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 2,800 units in inventory, 70% complete as to materials. During the month, the molding department started 22,000 units. At the end of the month, the molding department had 4,200 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department. Cost information for the molding department for the month follows: eBook Beginning work in process inventory (direct materials) Direct materials added during the month $ 2,000 35,900 Print Using the weighted average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (Round "cost per equivalent unit of production" to 2 decimal places.) References Direct Materials (a) Equivalent units of production (b) Cost per equivalent unit of production

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Productivity Audit

Authors: Mark Spelman, Paul Spence

1st Edition

1907766073, 978-1907766077

More Books

Students also viewed these Accounting questions