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I am confused please help, organized chart would be very much appreciated for the answer. The following data reports on the July production activities of
I am confused please help, organized chart would be very much appreciated for the answer.
The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials $ 18,550 Conversion 2,280 $ 20,830 Costs added this period Direct materials 357,500 Conversion 188,670 546,170 Total costs to account for $ 567,000 Direct Materials Percent Complete 100% Conversion Percent Complete 20% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 2,000 32,500 32,000 2,500 100% 60% Prepare the Molding department's production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Answer is not complete. Unit Reconciliation Units to account for Beginning work in process 3,000 Required information Unit Reconciliation Units to account for Beginning work in process 3,000 Total units to account for Units accounted for Total units accounted for Equivalent Units of Production (EUP) Conversion Units Direct Materials % Complete EUP EUP Complete Equivalent units of production Cost per EUP Direct Materials Conversion Total costs Equivalent units of production Costs EUP Costs EUP Required information Complete Complete Equivalent units of production Cost per EUP Direct Materials Conversion Costs EUP Costs EUP 0 0 EUP Cost per EUP Total cost Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP Total cost Cost per EUP S 0.00 $ 0.00 Step by Step Solution
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