Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
i c. Actual overhead costs incurred in April are indirect materials, $52,600; indirect labor, $25,600; tactory rent, $34,600; tactory utilities, $21,600; and factory equipment depreciation,
i c. Actual overhead costs incurred in April are indirect materials, $52,600; indirect labor, $25,600; tactory rent, $34,600; tactory utilities, $21,600; and factory equipment depreciation, $56,200. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $650,000 cash in April. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured for Williams Company for the month of April. Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] The first production department of Stone Incorporated reports the following for April. Exercise 3-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and invento LO P1 The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the ne department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed belowi] The first production department of Stone incorporated reports the following for Aptil: Exercise 3-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LOP1 The production department had the cost information below 0. Compute cost per equivalent unit for both difect materials and conversion (Round "Cost per Eup" to 2 decimal pleces.) b. Using the weighted average method, assign Aprils costs to the department's output-specifically, its units transterted to the nexa department andins ending Work in process inventory, (Round "Cost per Eup" to 2 decimal places.) a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign Aprii's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)
i
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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