Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the handling department reported the following information: % complete %

Betty DeRose, Inc. operates two departments, the handling department and the packaging department. During April, the handling department reported the following information:  % complete % complete  units DM conversion work in process, April 1 18,000 38% 71% units started during April 80,000 work in process, April 30 44,000 28% 74% The cost of beginning work in process and the costs added during April were as follows: DM Conversion Total cost work in process, April 1 $ 64,996 $152,785 $217,781 costs added during April 190,336 232,407 422,743 total costs 255,332 385,192 640,524 Calculate the direct material unit cost using the weighted average process costing method. 

Calculate the cost of goods completed and transferred out during Aprilusing the weighted average process costing method.

Calculate the total cost of the handling department's work in process inventory at April 30 using the weighted average process costing method.

Calculate the total cost of the 18,000 units in beginning work in process using the FIFO process costing method.

Calculate the cost of goods that were started and completed in the month of April using the FIFO process costing method.

Calculate the cost of goods completed and transferred out during April using the FIFO process costing method.

Calculate the total cost of the handling department's work in process inventory at April 30 using the FIFO process costing method.

PLEASE READ EACH QUESTION CAREFULLY AND LIST THE ANSWERS IN ORDER. Thanks!

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

Financial Accounting For Decision Makers

Authors: Peter Atrill

8th Edition

1292099046, 978-1292099040

More Books

Students also viewed these Accounting questions

Question

What are the purposes of performance appraisals?

Answered: 1 week ago