Answered step by step
Verified Expert Solution
Question
1 Approved Answer
got 12.07 wrong need help Paste La BIU - A Merge & Center Format Clipboard Font Alignment Number Styles F29 January 8 MOLDING {12.01} 13
got 12.07 wrong need help
Paste La BIU - A Merge & Center Format Clipboard Font Alignment Number Styles F29 January 8 MOLDING {12.01} 13 Physical Flow of Units 14 15 Work-in-Process - Beginning 16 Units Started this Period 17 Units to Account for 21 22 Total transferred out 23 Work-in-Process - Ending 24 Total Accounted for 3,300 units) 23,000 units 26,300 units {12.02} 19,300 units 7,000 units 26,300 units {12.03} (12.04) {1205) 37 Equivalent Units Material (Round to three places, ##.###.###) 26,300.00 units) {12.06} Lquivalen UITS Equivalent Units Conversion (Round to three places, ##.###.###) 23,500.00 units {12.07} Paste BIUBE E e rde & Center - borto Filter Find & Select Clipboard F Alignment Editing Ideas MNOPQRSTE A B C D F G H TJ 28 Selected information for January is presented below. Note that the applied overhead rate was 29 50% of direct labor costs in the molding department. 34 Molding Department 35 36 Goods in process as of January 1 were 3,300 figurines at a cost of 553.790.00 Of this amount, SS2,800.00 was from 39 raw materials added, S660.00 for labor and $330 00 for overhead These 3,300 figurines were assumed to be 40 10.00% complete as to labor and overhead 41 42 During January 23,000 units were started, 5370 530.00 of materials and $46,340 00 of labor costs were incurred 46 The 7.000 figurines that were in-process at the end of January were assumed to be 60.00% complete to 47 labor and overhead 48 49 All figurines in January passed inspection to lau tgurines in January passed inspection C | FAQ 1 2 11 12 13 | QA X 6:42 PM A/28/2020 Type here to search
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