Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based upon the data in Exercise 3-7, determine the following: 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost

Based upon the data in Exercise 3-7, determine the following: 1. Direct materials cost per equivalent unit 2. Conversion cost per equivalent unit 3. Cost of the beginning work in process completed during March 4. Cost of units started and completed during march 5. Cost of the ending work in process b. Assuming that the direct materials cost is the same for Feb and March did the conversion cost per equivalent unit incfrease, decrease, or remain the same in march. On Exercise 3-8, what is the answer to (a)(1)? (Points: 7) $232,000 $145,000 $2.05 $1.60 5. On Exercise 3-8, what is the answer to (a)(2)? (Points: 7) $66,400 $37,060 $1.00 $.70 6. On Exercise 3-8, what is the answer to (a)(3)? (Points: 7) $18,000 $18,720 $4,800 $.70 7. On Exercise 3-8, what is the answer to (a)(4)? (Points: 7) $585,000 $322,000 $140,000 $.70 8. On Exercise 3-8, what is the answer to (a)(5)? (Points: 7) $8,000 $5,900 $10,100 $12,100 9. On Exercise 3-8, letter (b), what happened to the conversion cost per equivalent unit? (Points: 5) Increased Decreased Remained the same

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

Payroll Accounting 2018

Authors: Jeanette Landin, Paulette Schirmer

4th edition

1260005127, 1259742514, 1260005165, 126000516X, 978-1259742514

More Books

Students also viewed these Accounting questions