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A Data Table B Physical 1 Transferred-In Costs D Direct Materials Units (tons) Conversion Costs 1001$ OS 30,000 75,000 $ 100% 0% 60% 185 2
A Data Table B Physical 1 Transferred-In Costs D Direct Materials Units (tons) Conversion Costs 1001$ OS 30,000 75,000 $ 100% 0% 60% 185 2 Work in process, beginning inventory (June 1) 3 Degree of completion, beginning work in process 4 Transferred-in during June 5 Completed and transferred out during June 6 Work in process, ending inventory (June 30) 7 Degree of completion, ending work in process 8 Total costs added during June 200 85 100% 0% 80% S 200,000 $ 55,000 $ 104,000 Print Done swer. Clear All o Al E18-32 (similar to) Chilly Clothing, Inc. is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses or the process. Suppose Chilly uses the FIFO method. Information for June 2020 follows: (Click the icon to view the information) Read the requirements Requirement 1. Calculate equivalent units of work done in the current period (for transferred-in costs, direct materials, and conversion co- inventory (Enter a "0" for any zero balances) Physical Units (tons) Conversion Equivalent Units Transferred-In Direct Costs Materials Costs Work in process, beginning Transferred-in during current period 100 185 To account for Completed and transferred out during current period. From beginning work in process Started and completed 85 Work in process, ending Accounted for Equivalent units of work done in current period Enter any number in the edit fields and then click Check Answer. 4 remaining parts Clear All
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