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asap please Data Table Direct Materials Conversion Costs Cost per equivalent unit: $ 5.00 $ 3.00 Print Done * Requirements 1. Determine the total cost
asap please
Data Table Direct Materials Conversion Costs Cost per equivalent unit: $ 5.00 $ 3.00 Print Done * Requirements 1. Determine the total cost that should be assigned to the following: a. Units completed and transferred out b. Units in ending work in process inventory 2. What was the total costs accounted for? 3. What was Tabor's average cost of making one unit of its product? Print Done Tabor Company produces its product using a single production process. For the month of March, the company determined its "cost per equivalent unit to be as follows: Click the icon to view the costs per equivalent unit) During the month, Tabor completed and transferred out 430,000 units to finished goods inventory, At month-end, 80,000 partially complete units remained in ending work in process inventory. These partially completed units were equal to 72.000 equivalent units of direct materials and 45,000 equivalent units of conversion costs. Read the requirements. Total 1a. Determine the costs that should be assigned to the units completed and transferred out. Tabor Company Month Ended March 31 Assigning Costs Direct Conversion Materials Costs a. Completed and transferred out: Equivalent units completed and transferred out Multiplied by: Cost per equivalent unit Costs assigned to units completed and transferred out 1b. Determine the costs that should be assigned to the units in ending work in process inventory Tabor Company Month Ended March 31 Assigning Costs Direct Conversion Materials Costs b. Ending work in process: Equivalent units in ending work in process, March 31 Multiplied by: Cost per equivalent unit Total Enter any number in the edit fields and then continue to the next question. b. Ending work in process: Equivalent units in ending work in process, March 31 Multiplied by: Cost per equivalent unit Costs assigned to units in ending work in process, March 31 2. What was the total costs accounted for? The total costs accounted for were 3. What was Tabor's average cost of making one unit of its product? Tabor's cost of making one unit was Enter any number in the edit fields and then continue to the next question. MAR 15 otv A Step by Step Solution
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