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Answer OPTIONS: 15,000, 27500, 13500, 2.00, 14,000, 90500, 48000, 1.60, 3.60, 2.10, 0.50, 63,000 Below is the cost portion of a partially completed production cost
Answer OPTIONS: 15,000, 27500, 13500, 2.00, 14,000, 90500, 48000, 1.60, 3.60, 2.10, 0.50, 63,000
Below is the cost portion of a partially completed production cost report. Determine the amounts for the incomplete lettered boxes. Assume materials are entered at the beginning of the process. Costs Materials Conversion Costs Unit Costs: Costs in Beginning Inventory Costs added in March Total Costs Equivalent Units Unit Costs $ $ $ 3,500 25,000 28,500 57,000 $ $ $ 16,000 46,000 62,000 38,750 B Total $ 19,500 $ 71,000 $ 90,500 A C Cost Reconciliation Costs accounted for: Total costs of units completed and transferred out (30,000 units): D WIP, March 31 E F Total cost of materials in ending WIP: Total cost of conversion costs in ending WIP: Total costs in ending WIP: Total costs of units completed and transferred plus cost units in ending G H Input for Box H > Input for Box G Input for Box F Input for Box B Input for Box D Input for Box A Input for Box C Input for Box EStep by Step Solution
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