Home Excel File Edit View Insert Format Tools Data Window Help sve @ S U CH18EquivalentUnitExercise (1) Insert Draw Page Layout Formulas Data Review View A r Conditional Formatting Font Alignment Number Format as Table Cell Styles Cells Editing 2 Managerial Accounting 5 Dimetry Corp. manufactures speakers in two departments, Assembly and Fitting 6 Materials are introduced in the Assembly Department. After assembly is completed, the materials 7 are transferred to the Fitting Department. The followingata refer to the Assembly Department for February 2017 Percent Completed Materials Conversion 65% 45% 13 Beginning WIP 14 Started into Production 15 Completed and Transferred To Fitting Dept. 16 Ending WIP Units 65,000 400,000 350,000 115,000 70% 30% 21 Beginning WIP Equivalent Units Materials $20,000 Conversion $43.000 Sheet2 Sheet3 Pearson MAL Links Messages My Grades 1. Describe the flow of costs through a 2. Calculate equivalent units of produc 3. Prepare a production cost report for 4. Prepare a production Q- Search Sheet ee Home Share Excel File Edit View Insert Format Tools Data Window Help AutoSave A S U CH18EquivalentUnitExercise (1) Insert Draw Page Layout Formulas Data Review View A % Conditional Formatting Format as Table Font Alignment Number Editing Cell Styles D Ideas Sensitivity 65% u Beginning WIP 14 Started into Production 15 Completed and Transferred To Fitting Dept. 16 Ending MP 65.000 400.000 350,000 115,000 70% 21 Beginning WIP 22 Costs added during period Materials $20,000 $100.000 Conversion $43,000 $249,760 25 Required 29 1. Determine the equivalent units for February for the Assembly process 20 2. Compute the cost per equivalent unit for the above 29 3. Determine the cost of ending WP and the total cost of goods transferred to the Fitting Department 30 4. Prepare a report to reconcile costs associated with ending WIP and goods transferred out to beginning WIP and costs added during February Equivalent Units Shoot2 Shoot + 2 -- Pearson MAL Links Messages My Grades 1. Describe the flow of costs through a process costing system 2. Calculate equivalent units of production for din 3. Prepare a produs