Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.5 10 points Skipped Brite Toothbrushes has gathered the following Information to complete its Production Report for the month of April. Assume all materials

image text in transcribed

1.5 10 points Skipped Brite Toothbrushes has gathered the following Information to complete its Production Report for the month of April. Assume all materials are added at the beginning of the process. Required: Using the provided Information, complete the report. (Round cost per Equivalent Units to 2 decimal places.) Brite Toothbrushes Process Costing Production Report (Weighted Average Method) Assembly Department For the Month Ended April 30, XXXX eBook UNITS Physical Units Hint Units to be accounted for. Beginning work in process 50% complete as to conversion 12,500 Started into production 65,000 Ask Total units 77,500 Print Units accounted for: References Completed and transferred out Ending work in process 30% complete as to conversion Total units COSTS Cost of beginning work in process Current period costs Total costs Equivalent units Cost per equivalent unit Costs to be accounted for Beginning work in process Current period costs Total costs Costs accounted for: Completed and transferred out Ending work in process Total costs 65,000 $ Equivalent Units Direct Materials Conversion Cost Direct Materials Conversion Cost Total Cost 52,500 $ 17,500 $ 70,000 $ 1,007,500 $ 1,031,250 $ 2,038,750 Direct Materials Conversion Cost Total Cost

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

Managerial Accounting

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

4th edition

1259964957, 1260413985, 1260565440, 978-1260413984

More Books

Students also viewed these Accounting questions