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all are same question More info The Forming Department had 10,460 partially complete units in beginning work in process inventory. The department started work on
all are same question
More info The Forming Department had 10,460 partially complete units in beginning work in process inventory. The department started work on 68,440 units during the month and ended the month with 8,900 units still in work in process. These unfinished units were 60% complete as to direct materials but 20% complete as to conversion work. The beginning balance of $66,962 consisted of $21,500 of direct materials and $45,462 of conversion costs. Data table we neea to begin the tive-siep process cosung procequre by nrst summanzing the unis to account ior ana computing the equivaient unts Forming Department Equivalent Unit Computation Month Ended October 31 \begin{tabular}{cccc} & Flow of & Equivalent Units \\ \cline { 3 - 4 } Flow of Production & Physical & Direct Conversion \\ \hline \end{tabular} Units to account for: Units accounted for: Total equivalent units The next step is calculating the cost per equivalent unit. (Enter the cost per equivalent unit to two decimal places.) Assigning Costs \begin{tabular}{lc} \hline Completed and transferred out: & Direct Conversion \\ \hline \end{tabular} Ending work in process: Total costs accounted for Finally, journalize the transfer of costs to the Finishing Department. (Record debits first, then credits Step by Step Solution
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