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#2 The first picture attached is the question. and the next two pictures are close-up in case you can't see the numbers in the first
#2 The first picture attached is the question. and the next two pictures are close-up in case you can't see the numbers in the first picture. The question is: Use the following data to calculate "cost to be accounted for" and "cost accounted for". This requires you to determine cost per equivalent unit for material and conversion (All in all the blank spaces. Complete these tasks using the weighted-average method and the FIFO method. ? - Use the following data to: - Prepare a schedule showing the computations of activity based overhead rates per cost driver: - Prepare a schedule assigning each activity's overhead cost to the two products. - Compute the overhead cost per unit for each product. Annual Overhead Data \begin{tabular}{|l|} \hlineA \\ \hlineS \\ $S \\ \hlineS \\ S \\ \hline$ \\ \hline \end{tabular} Estimate Use of C Units Material I 30% Conversion 50% 45% 20% $3,500 $200,000 5 $8,500 $50,000 s $ $ Weighted-Average Method WIP: 01Nov Units Started into Production Units Completed \& Transferred Out WIP: 30 Nov Units Completed \& Transferred Out Equivalent Units WIP: 30 Nov Total Equivalent Units during Nov Costs to be accounted for WIP Cost: 01 Nov. Cost added to assembly Total Cost to be accounted for Total Equivalent Units during Nov Cost per Equivalent Units Costs accounted for WIP: Bquivalent units 30 Nov Cost per Equivalent Units Total cost of Ending WIP Units iransferred Out Cost per Bquivalent Units Total Cost Transferred Out Total Cost accounted for Estimated Use of Cost Drivers per Activity 2,500 orders 1,200 setups 800,000 hours 3,000,000 parts 35,000 tests
The question is: Use the following data to calculate "cost to be accounted for" and "cost accounted for". This requires you to determine cost per equivalent unit for material and conversion (All in all the blank spaces. Complete these tasks using the weighted-average method and the FIFO method.
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