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Based on customer interest in rebruary, Santana expands her computer workstation turniture bus ness to include mass production standardized desks and chairs. She uses the
Based on customer interest in rebruary, Santana expands her computer workstation turniture busness to include mass production
standardized desks and chairs. She uses the weighted average method of process costing for these products. Desks are made in
three processes: Cutting, Finishing, and Packaging. Information below is for the Cutting process for desks for February.
Cutting processDesks
Beginning work in process inventory
Units started this period
Units completed and transferred to Finishing
Ending work in process inventory complete for direct materials, complete for conversion
Costs added this month
Direct materials
Conversion
Required:
Compute equivalent units of production for both direct materials and conversion for February.
Compute cost per equivalent unit for both direct materials and conversion for February.
Assign costs to units transferred out to Finishing and to units in ending work in process inventory.
Complete this question by entering your answers in the tabs below.
Assign costs to units transferred out to Finishing and to units in ending work in process inventory.
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