Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

asap please 12 Brady Products manufactures a silicone paste wax that goes through three processing departments-Cracking, Blending and Packing All of the raw materials are

image text in transcribedimage text in transcribed
image text in transcribed
image text in transcribed
asap please
12 Brady Products manufactures a silicone paste wax that goes through three processing departments-Cracking, Blending and Packing All of the raw materials are introduced at the start of work in the Cracking Department The Work in Process T account for the Cracking Department for May follows Work In Process Cracking Department 05.055 800544 Completed and transferred to Blending kilograns Invertory, May 1 (38.500 kilograms, conversion 4/5 complete) Hay costs added: Raw materials (318.000 kilograns) Conversion costs 524,500 267,380 Inventory, May 31 (55,200 Ilograms, conversion 2/3 complete) The May I work in process inventory consists of $56,595 in materials cost and $29.260 in conversion cost. The company uses the weighted-average method Required: 1. Determine the equivalent units of production for May Materials Conversion Equivalent units of production 2. Determine the costs per equivalent unit for May (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit 3. Determine the cost of the units completed and transferred to Blending during May and the cost of ending work in process inventory (Round intermediate calculations to 2 decimal places.) Materials Conversion Total $ o Cost of ending work in process inventory Cost of units completed and transferred out $ 0

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

Step: 3

blur-text-image

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

Introduction To Financial Accounting

Authors: Anne Marie Ward, Andrew Thomas

7th edition

77138449, 978-0077132682, 77132688, 978-0077138448

More Books

Students also viewed these Accounting questions

Question

How does MC1R Protein Synthesize?

Answered: 1 week ago