3. Compute the cost per equivalent unit using the weighted average method. Transferred Total DM CC in Beginning WIP $16,163 $15,000 $720 $442.78 Costs
3. Compute the cost per equivalent unit using the weighted average method. Transferred Total DM CC in Beginning WIP $16,163 $15,000 $720 $442.78 Costs Added in Quarter 1 $162,219 $139,569.12 $9,733 $12,916.5 $10,45 $13359.2 Total cost $178,381 $154,569 8 $41,81 Total equivalent units $42,231 $39,291 1 Costs per equivalent $4.25 $3.66 $0.25 $0.34 units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Steps 1 Calculate the total costs added in Quarter 1 Costs Added in Quarter 1 ...
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Step: 2
Step: 3
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Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
