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Dextrose Special Teas uses process costing to account for costs in the manufacture of its fresh - brewed iced tea that it sells in pint
Dextrose Special Teas uses process costing to account for costs in the manufacture of its freshbrewed iced tea that it sells in pint bottles.The following information applies to operations for themonth of November.Beginning Inventory: Raw Units Material Costs $ Conversion Costs$Units Started: Ending Inventory: The beginning inventory was complete as to materials and complete as to conversioncosts.The ending inventory was complete as to materials andcomplete as to conversioncosts.Round per unit calculations to the nearest $ooo and round balances and transferred amountsto the nearest $ Assume that $k of materials and $k of conversion costs are added during the period. Determine the weighted average cost of materials per equivalent unit. Round to the nearest $Assume that $k of materials and $k of conversion costs are added during the period. Determine the weighted average cost of conversion per equivalent unit. Round to the nearest $Assume that $k of materials and $k of conversion costs are added during the period. Using the weighted average method determine the total cost of pints completed in November account for both material and conversion costsAssume that $k of materials and $k of conversion costs are added during the period. Using the weighted average method determine the total cost of pints in Novembers ending inventory account for both material and conversion costsAssume that $k of materials and $k of conversion costs are added during the period. Determine the FIFO cost per equivalent unit of materials added in November. Round to the nearest $Assume that $k of materials and $k of conversion costs are added during the period. Determine the FIFO cost per equivalent unit of conversion added in November. Round to the nearest $Assume that $k of materials and $k of conversion costs are added during the period. Using the FIFO method determine the total cost of pints completed in November account for both material and conversion costs
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