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Fill in the blanks Chapter 3 Lab Using the Given data duce the Steve Manufacturing Production Given data: Steve Manufacturing June 1 WIP beginning Inv
Fill in the blanks
Chapter 3 Lab Using the Given data duce the Steve Manufacturing Production Given data: Steve Manufacturing June 1 WIP beginning Inv Enter formulas in these fields 24,000 60% complete DM DL Overhead $186,256 $64,864 34,400 Steve Manufacturing Production Report Physical Flow (1 To Be Accounted For (2BA4 Costs 2BA4 (3 Dollars June transferred out units 70,000 Units 100% Complete Beginning Invent Started/Added during the period Costs added DM DL Overhead$117,600 $267,880 $253,000 Total To Be Accounted For (2BA4 Equivalent Units (2 % complete Equivalent Units Accounted For Units Transferred Out June 30 ending invent 10,000 units Ending Invento 70% complete Total Accounted For (A4) Calculate Equivalent Unit Cost (4 Cost to be accounted for Equivalent Units Equivalent Unit Cost Assign Costs (5 Equivalent Units Units uiv. Unit Cost Costs Accounted for Transferred Out Ending Inventory Total Costs Accounted for (A4 Highlight the reconciled numbers in BLUE (4)Step by Step Solution
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