Answered step by step
Verified Expert Solution
Question
1 Approved Answer
5 Part 1 of 2 9.09 pointa Required Information [The following Information applies to the questions displayed below] The following data reports on the July
5 Part 1 of 2 9.09 pointa Required Information [The following Information applies to the questions displayed below] The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 20,700 2,888 $ 23,588 541,800 313,928 Total costs to account for 855,720 $ 879,388 Direct Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 2,088 28% units started this period 43,000 Completed and transferred out 42,588 Ending work in process inventory 2,588 100% 68%% Prepare the Molding department's production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Answer is not complete. Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Units accounted for Completed and transferred out Total units accounted for Equivalent Units of Production (EUP) Equivalent units of production Cost per EUP Total costs +Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for Direct Material Conversion Units % Complete EUP % Complete EUP Costs EUP Direct Materials EUP Cost per EUP Total cost EUP Cost per EUP Total cost 15 0.00 0.00 Conversion Costs EUP 0 0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started