Question
Bakery has the following amounts from her 2022 production report: Actual units in process 2,000 Equivalent units (materials) 2,000 Equivalent units (conversion) 1,600 Cost per
Bakery has the following amounts from her 2022 production report:
Actual units in process | 2,000 |
Equivalent units (materials) | 2,000 |
Equivalent units (conversion) | 1,600 |
Cost per equivalent unit (materials) | $1.05 |
Cost per equivalent unit (conversion) | $0.40 |
1. Bakery uses the weighted average method to prepare her production report. What is her total production cost based on the amounts above? Show your calculation.
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
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