How do I calculate Ouptuts in the Cost Calculations and Conversion Units Sections?
File Home Insert Draw Page Layout Formulas Data Review View Automate Help Editing Share Comments Catch up DO V Calibri B av Av v Custom - V .00 @ 128 f 15,000/37000=,41 X A B D E F G H I ] ] K L M N 16 ......... Inputs......... ..........Outputs.......... 17 Beginning Add Equals Add Ending 18 Cutting Current Total Completed WIP 19 Unit Calculations: Inventory Month Production Transfer Out Inventory Total Outputs 20 Direct Materials Whole Units How do I calculate Outputs in 40,000 40,000 30,000 10,000 40,000 21 % Equivalent Completed 100% 70% the Cost Calculations and in 22 Conversion Equivalent Units 37,000 30,000 7,000 37,000 the Conversion Units Section? 23 ..........Inputs......... .........Outputs........ 24 Beginning Add Equals Cost of Subtract = Ending Check 25 Cutting Current Total Cost Production Completed WIP Total Outputs 26 Cost Calculations: : Inventory Month of Production Per Unit Transfer Out Inventory = Total Inputs 27 Direct Materials Units 40.000 40,000 30,000 10,000 40,000 28 Direct Materials Costs $ 15,000 $ 15,000 s 0.41 $ s 12,162 $ 2,838 $ 15,000 15,000/37000= 41 29 30 Conversion Units: 31 Direct Labor $ 25,000 $ 25,000 $ 0.68|s 20,270 $ 4,730$ 25,000 32 Manufacturing Overhead $ 37,500 $ 37,500 $ 1.01$ 30,405 $ 7,095$ 37,500 33 Total Conversion Cast $ 77,500 $ 77,500 $ 2.09|$ 62,838 $ 14,662 $ 77,500 34 Total 35 c) Refer to the cost of production report in part b. What are the cost per equivalent unit with respect to direct materials and conversion costs, the total racte transferred out to finished and inventory and the value of inuentane at the end of February = CH 14 case study File Home Insert Draw Page Layout Formulas Data Review View Automate Help Editing Share Comments Catch up DO V Calibri B av Av v Custom - V .00 @ 128 f 15,000/37000=,41 X A B D E F G H I ] ] K L M N 16 ......... Inputs......... ..........Outputs.......... 17 Beginning Add Equals Add Ending 18 Cutting Current Total Completed WIP 19 Unit Calculations: Inventory Month Production Transfer Out Inventory Total Outputs 20 Direct Materials Whole Units How do I calculate Outputs in 40,000 40,000 30,000 10,000 40,000 21 % Equivalent Completed 100% 70% the Cost Calculations and in 22 Conversion Equivalent Units 37,000 30,000 7,000 37,000 the Conversion Units Section? 23 ..........Inputs......... .........Outputs........ 24 Beginning Add Equals Cost of Subtract = Ending Check 25 Cutting Current Total Cost Production Completed WIP Total Outputs 26 Cost Calculations: : Inventory Month of Production Per Unit Transfer Out Inventory = Total Inputs 27 Direct Materials Units 40.000 40,000 30,000 10,000 40,000 28 Direct Materials Costs $ 15,000 $ 15,000 s 0.41 $ s 12,162 $ 2,838 $ 15,000 15,000/37000= 41 29 30 Conversion Units: 31 Direct Labor $ 25,000 $ 25,000 $ 0.68|s 20,270 $ 4,730$ 25,000 32 Manufacturing Overhead $ 37,500 $ 37,500 $ 1.01$ 30,405 $ 7,095$ 37,500 33 Total Conversion Cast $ 77,500 $ 77,500 $ 2.09|$ 62,838 $ 14,662 $ 77,500 34 Total 35 c) Refer to the cost of production report in part b. What are the cost per equivalent unit with respect to direct materials and conversion costs, the total racte transferred out to finished and inventory and the value of inuentane at the end of February = CH 14 case study
