Question
During a period, Department A finished and transferred 50,000 units to Finished Goods. In addition, 10,000 units were started but brought only to a stage
During a period, Department A finished and transferred 50,000 units to Finished Goods. In addition, 10,000 units were started but brought only to a stage of being 20% complete as to Direct Labor and Overhead. Overhead of $13,000 was allocated to Department A during the period. Using the weighted average method, compute the Equivalent Units of Production (EUP) for Direct Labor and Overhead for the period, the Cost per EUP for Overhead, and the amount of Overhead allocated to the ending Goods in Process Inventory (GIP).
Direct Labor & Overhead EUP _____
Overhead Cost per EUP _____
Overhead Allocated to GIP____
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