Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bio Walch Corporationsbech company that makes a cancer weghe average method of processing The town o a 2018 ge processing department Direct e d the

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Bio Walch Corporationsbech company that makes a cancer weghe average method of processing The town o a 2018 ge processing department Direct e d the process a n d he process to these n Flow of Production Work in proces Tool Costs for My 18 Exercise 11-16 ) d the start of the process Conoscosts weed venly during the procesie Watches the Bio Watch Corporation is a bitch company that makes a concorr ent drug in a single procesuing department we materials an weighted av hodet processos The o ton for July 2018 Click then to the then the costs Cry 2018 Production Work in potong To ac Conversion Corts Direct e d during Crossed during wo $ 75,300 Total Costs for July 2018 Work in process beginning Direct materials Conversion costs Direct materials added during July Conversion costs added during July 87,500 $ 162.800 390,000 461,750 $ 1014.550 Total costs to account for Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, July 10 12,300 12,300 8,610 Started during July 50.300 Completed and transferred out during July 42,300 42,300 42,300 Work in process, July 310 20,300 20.300 8,120 Degree of completion direct materials, 100% conversion costs, 70%. Degree of completion direct materials. 100%, conversion costs, 40%. Exercise 17-16 (alt) HW Score: 0%, 0 of 3 p Question Help Bio Watch Corporation is a biotech company that makes a cancer treatment drug in a single processing department. Diced materials are added at the start of the process Conversion costs are added evenly during the process. Bio Watch uses the weighted average method of process costing The following information for 2018 is available: EFEKClick the icon to view the data ) (Click the icon to view the total costs) y Required Requirement 1. Calculate the cost per equivalent unit for direct materials and conversion costs Enter the physical units first, and then calculate the equivalent units. (Round your answers to the nearest whole unit.) Physical Units Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period Work in process, ending Accounted for Work done to date Enter any number in the edit fields and then click Check Answer Check

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions