Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Exercise 4.34 a-f The ledger of Plstt Compeny has the following work in process account 21 Balance $3,080 3 Transferred out $7 231 Materials 5,930
Exercise 4.34 a-f The ledger of Plstt Compeny has the following work in process account 21 Balance $3,080 3 Transferred out $7 231 Materials 5,930 3/31 Labour 2,130 31 Overhesd 3131 Balance Production records t equivalent units thet there were 900 units r the begr nrg r entory, 30% com lete, 1 100 unitB 5tarted and 1,2 0 umts t ens e ed out. The unts ending ventory ere 40% com plete. ate els 6 e entered at the begin ing of the painting proce5 p ett use5 the FIF method to calculate How many units are in process at March 31 Work in process, Merch 31 000 units Whet is the unit materiels cost for March? (Hound unit cost to 2 decimal places,e.g. 15.25.) Unit cost what is the unit converson cost for March? (Round unt cost to 2 decimal places, e.g. 15.25.) Unit cost What is the total cost of units started in Fobruary and compieted in March? otal codt What is the total cost of units started and firished in Merch What is the cost of the March 31 inventory? Total cost
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started