Question
(a) Determine the Assembly Department's equivalent units of production for materials and conversion in January. (2 marks) (b)Determine the Assembly Department's cost per equivalent unit
(a) Determine the Assembly Department's equivalent units of production for materials and conversion in January. (2 marks)
(b)Determine the Assembly Department's cost per equivalent unit of production for materials, conversion, and total in January. (3 marks)
(c) Determine the Assembly Department's cost of ending work in process inventory for materials, conversion, and in total for January. (3 marks)
(d) Determine the Assembly Department's cost of units transferred out to Finishing Department for materials, conversion, and in total for January. (3 marks)
(e) John, Manager of the Assembly Department, asked you to prepare for the production report under Firstin-First-out method. He wants you to compare the cost of production between the two methods and report to the senior management whichever the lower. He thinks that would help him present a better picture of the performance of the department under his management. How would you respond to his request? (4 marks)
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