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Ebooks - Webraderio x Ebooks - Webraderio W tennessee wesleyan Universix Homepage + Her/Wadaa1b-52ce-4a62-be6b-9c4d36b63f03/page/8f06eb298425583fa8cf8b23650a24e The Role and Respo... G Gmail Tackle Warehouse... TT eTextbook: Managerial

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Ebooks - Webraderio x Ebooks - Webraderio W tennessee wesleyan Universix Homepage + Her/Wadaa1b-52ce-4a62-be6b-9c4d36b63f03/page/8f06eb298425583fa8cf8b23650a24e The Role and Respo... G Gmail Tackle Warehouse... TT eTextbook: Managerial Accounting Quick Tour Print Search Annotations Accessibility Book Obj. 2 The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $9,000 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO Balance Debit Credit Date Debit Credit Now Item 1 Bal, 900 units, 60% completed 30 Direct materials, 12,900 units 30 Direct labor 123,840 21,650 10,566 134,406 156,066 16,870 172,926 30 Factory overhead 30 Goods transferred. 2 units Bal 1,400 units 70% completed 2 > a. Determine the number of units transferred to the next department. ANSWER! b. Determine the costs per equivalent unit of direct materials and conversion c. Determine the cost of units started and completed in November. Ebooks - Webraderio x Ebooks - Webraderio W tennessee wesleyan Universix Homepage + Her/Wadaa1b-52ce-4a62-be6b-9c4d36b63f03/page/8f06eb298425583fa8cf8b23650a24e The Role and Respo... G Gmail Tackle Warehouse... TT eTextbook: Managerial Accounting Quick Tour Print Search Annotations Accessibility Book Obj. 2 The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $9,000 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO Balance Debit Credit Date Debit Credit Now Item 1 Bal, 900 units, 60% completed 30 Direct materials, 12,900 units 30 Direct labor 123,840 21,650 10,566 134,406 156,066 16,870 172,926 30 Factory overhead 30 Goods transferred. 2 units Bal 1,400 units 70% completed 2 > a. Determine the number of units transferred to the next department. ANSWER! b. Determine the costs per equivalent unit of direct materials and conversion c. Determine the cost of units started and completed in November

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