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I don't need any work shown, just equations filled in when they are asked and the graphs filled in thank you. 1. Total Production costs
I don't need any work shown, just equations filled in when they are asked and the graphs filled in thank you.
1. Total Production costs Direct materials conversion costs Work in Process beginning Costs added in current period total costs to account for Fill in this chart using this information: Total production costs Completed and transferred out WIP ending Total costs accounted for: 26845 Direct Material 15015 Conversion costs 11830 5304 32149 4290 19305 1014 12844 2. Budgeted manuf. overhead cost = 135,000 Budgeted direct manuf. labor cost = 225,000 actual manuf. overhead cost = 131,800 actual direct manuf. labor cost = 228,000 Account Ending Balance WIP Finished goods COGS 51000 238000 561000 2012 direct manuf. Labor cost in ending balance 20520 59280 148200 overhead allocation rate = 60% under/over allocated = 5000 Using all the information above please fill out both graphs: What is the equation to find allocation rate and what is the allocation rate for WIP, Finished goods and Cogs Enter equation through here > WIP Finished Goods COGS X X X X = Allocation Rate = = = What is the equation for ending balance and what is the ending balance for WIP, finished goods and COGS Enter equation through here > WIP Finished Goods COGS + + + + = Ending Balance (Adjusted) = = = Work in process april Started during april 2013 Completed during april 2013 Work in process april 30 Total costs added during april 2013 Physical units (Frames) 95 490 DM 1665 Conversion Costs 988 17640 11856 455 130Step by Step Solution
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