Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

disregard picture #4, couldnt figure out how to delete it. C My Derces. Chegg.com Te_PR 20-28 (1) - Protected View Search Handy ormulas Data Review

disregard picture #4, couldnt figure out how to delete it. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
C My Derces. Chegg.com Te_PR 20-28 (1) - Protected View Search Handy ormulas Data Review View Help antain viruses. Unless you need to edit it's safer to stay in Protected View Enable Editing C D E F G JK M N UNITS Equivalent Units Direct Materials Conversion Whole Units Units charged to production Inventory in process. October 1 Received from materials storeroom Total units accounted for by the Blending Department Units to be assigned costs Inventory in process October 1 complete) Started and completed in October Transferred to Molding Department in October Inventory in process October 31 complete Total units to be an igned cout COSTS Costs Direct Materials Conversion Total Costs por quantum Total cost to October in blanding Department Tours Ilain USD. you need to edit Its Sater to stay in Protected view. Enable Editing JK L M B C DE F G H Costs assigned to production: Inventory in process. October 1 Costs incurred in October Total costs accounted for by the Blending Department Costs allocated to completed and partially completed units: Inventory in process October 1 To complete inventory in process, October 1 Cost of completed October 1 work in process Started and completed in October Transferred to Molding Department in October Inventory in process October 31 Total costs assigned by the Blending Department 2 October 1, work in process Less direct materials Conversion costs Conversion cost equivalent units Units in propos Percent complete 20.28 - Formulas Data Review View Help Enable Editing met can contain viruses. Unless you need to edit, it's safer to stay in Protected View. M L N E G H J K 8 A Units in process Percent complete Equivalent units 1 Direct Materials Conversion 56 67 68 69 October costs per equivalent unit September costs per equivalent unit: Total costs for September in Blending Department Total equivalent units Cost per equivalent unit Increase (decrease) 71 72 73 74 75 = 20-2B Units to be assigned costs Obj. 2 xample Exercise 20-2 Show Me How Ceystone Steel Company has two departments, Casting and Rolling. In the Rolling tepartment, ingots from the Casting Department are rolled into steel sheet. The olling Department received 8,500 tons from the Casting Department. During the eriod, the Rolling Department completed 7,900 tons, including 400 tons of work in rocess at the beginning of the period. The ending work in process inventory was 1.000 tons. How many tons were started and completed during the period? 20-3A Equivalent units of materials cost PE 20-2B Units to be assigned costs Obj. 2 Example Exercise 20-2 Show Me How Keystone Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 8,500 tons from the Casting Department. During the period, the Rolling Department completed 7.900 tons, including 400 tons of workin process at the beginning of the period. The ending work in process inventory was 1.000 tons. How many tons were started and completed during the period? C My Derces. Chegg.com Te_PR 20-28 (1) - Protected View Search Handy ormulas Data Review View Help antain viruses. Unless you need to edit it's safer to stay in Protected View Enable Editing C D E F G JK M N UNITS Equivalent Units Direct Materials Conversion Whole Units Units charged to production Inventory in process. October 1 Received from materials storeroom Total units accounted for by the Blending Department Units to be assigned costs Inventory in process October 1 complete) Started and completed in October Transferred to Molding Department in October Inventory in process October 31 complete Total units to be an igned cout COSTS Costs Direct Materials Conversion Total Costs por quantum Total cost to October in blanding Department Tours Ilain USD. you need to edit Its Sater to stay in Protected view. Enable Editing JK L M B C DE F G H Costs assigned to production: Inventory in process. October 1 Costs incurred in October Total costs accounted for by the Blending Department Costs allocated to completed and partially completed units: Inventory in process October 1 To complete inventory in process, October 1 Cost of completed October 1 work in process Started and completed in October Transferred to Molding Department in October Inventory in process October 31 Total costs assigned by the Blending Department 2 October 1, work in process Less direct materials Conversion costs Conversion cost equivalent units Units in propos Percent complete 20.28 - Formulas Data Review View Help Enable Editing met can contain viruses. Unless you need to edit, it's safer to stay in Protected View. M L N E G H J K 8 A Units in process Percent complete Equivalent units 1 Direct Materials Conversion 56 67 68 69 October costs per equivalent unit September costs per equivalent unit: Total costs for September in Blending Department Total equivalent units Cost per equivalent unit Increase (decrease) 71 72 73 74 75 = 20-2B Units to be assigned costs Obj. 2 xample Exercise 20-2 Show Me How Ceystone Steel Company has two departments, Casting and Rolling. In the Rolling tepartment, ingots from the Casting Department are rolled into steel sheet. The olling Department received 8,500 tons from the Casting Department. During the eriod, the Rolling Department completed 7,900 tons, including 400 tons of work in rocess at the beginning of the period. The ending work in process inventory was 1.000 tons. How many tons were started and completed during the period? 20-3A Equivalent units of materials cost PE 20-2B Units to be assigned costs Obj. 2 Example Exercise 20-2 Show Me How Keystone Steel Company has two departments, Casting and Rolling. In the Rolling Department, ingots from the Casting Department are rolled into steel sheet. The Rolling Department received 8,500 tons from the Casting Department. During the period, the Rolling Department completed 7.900 tons, including 400 tons of workin process at the beginning of the period. The ending work in process inventory was 1.000 tons. How many tons were started and completed during the period

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_2

Step: 3

blur-text-image_3

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

Modern Analytical Auditing Practical Guidance For Auditors And Accountants

Authors: Thomas Mckee

1st Edition

0899303544, 978-0899303543

More Books

Students also viewed these Accounting questions

Question

5. Avoid using the report title as a section heading.

Answered: 1 week ago

Question

5. How would you describe your typical day at work?

Answered: 1 week ago

Question

7. What qualities do you see as necessary for your line of work?

Answered: 1 week ago