Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer all please The next twe questions are based on the following: Aviary Company manufactures an industrial plastic compound. The company uses the weighted-average method

answer all please
image text in transcribed
The next twe questions are based on the following: Aviary Company manufactures an industrial plastic compound. The company uses the weighted-average method in its process costing system. For the company's first processing department, the June I work in process inventory consisted of 24.600 units with $45.600 in materials cost and S67.800 in conversion cost. The June l workin process inventory was 40% complete with respect to materials and 30% complete with respect to conversion. During June, 20,800 units were started into production and S41,592 in materials cost and $37,592 in conv i cost were added in the month. Ihe June 30 inventory consisted of 19,400 units that were 80% complete with respect to materials and 60% complete with respect to conversion. 1 Compute the department's cost of ending working process inventory A. S 192,584 B. $ 54600 C. S D. S65.184 E. None of the above. 32.592 2 Compute the department's cost of units transferred out to the next department A. S381.481 B. S C. s127.400 D. 5 E. None of the above. 54,600 72.800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Audit And Assurance The Auditors Bible

Authors: Nhyira Premium IBL

1st Edition

B0BCXSXSJ7, 979-8829719432

More Books

Students also viewed these Accounting questions

Question

5. Identify and describe nine social and cultural identities.

Answered: 1 week ago

Question

2. Define identity.

Answered: 1 week ago

Question

4. Describe phases of majority identity development.

Answered: 1 week ago