Question
Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,000 Units in ending work in process
Baden Company has gathered the following information.
Units in beginning work in process | 0 | ||
Units started into production | 37,000 | ||
Units in ending work in process | 7,000 | ||
Percent complete in ending work in process: | |||
Conversion costs | 40 | % | |
Materials | 100 | % | |
Costs incurred: | |||
Direct materials | $ 72,150 | ||
Direct labor | $ 61,100 | ||
Overhead | $ 101,260 |
New attempt is in progress. Some of the new entries may impact the last attempt grading.
Your answer is incorrect.
Compute equivalent units of production for materials and for conversion costs.
Materials | Conversion Costs | |||
The equivalent units of production |
eTextbook and Media
New attempt is in progress. Some of the new entries may impact the last attempt grading.
Your answer is incorrect.
Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.)
Materials | Conversion Costs | |||
Unit costs | $ | $ |
eTextbook and Media
New attempt is in progress. Some of the new entries may impact the last attempt grading.
Your answer is incorrect.
Show the assignment of costs to units transferred out and in process.
Units transferred out | $ | |
Units in ending work in process | $ |
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