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Chrome File Edit View History Bookmarks People Window Help 4:)) 86%C) Sun Feb from comrriakeAssignmenttakeAssignmentMain.do?invoker=&takeAssignment SessionLocator. toreassignment-take&inprogress-false Chapter 17 Homework (Application) eBook Cost of Units

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Chrome File Edit View History Bookmarks People Window Help 4:)) 86%C) Sun Feb from comrriakeAssignmenttakeAssignmentMain.do?invoker=&takeAssignment SessionLocator. toreassignment-take&inprogress-false Chapter 17 Homework (Application) eBook Cost of Units Completed and in Process The charges to production Work in Process-Assembly Department for a penod, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of Work in Process-Assembly Department Ba, 5,000 units, 75% completed Direct materials, 118,000 units $2 Direct labor Factory overhead Bal, 2 units, 65% completed 18,625 To Finished Goods, 115,000 units 236,000 209,600 81,525 Cost per equivalent units of $2.00 for Direct Materials and $2.50 for Conversion Costs a. Based on the above data, determine the different costs listed below If required, round your interim calculations to two decimal places 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory, rounded to the nearest cent b. Did the production costs change from the preceding period? c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs period? peequiviaient unit increase, decrease, or remain the same for the current Check My Work PreviousNext nent Score: 13.33% All work saved

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