Question
I NEED HELP WITH: A: DETERMINE THE EQUIVALENTUNITS OF PRODUCTION FOR MATERIALS AND CONVERSION COSTS B: COMPUTE UNIT COST ROUNDING 2 DECIMAL PLACES C: PREPARE
I NEED HELP WITH:
A: DETERMINE THE EQUIVALENTUNITS OF PRODUCTION FOR MATERIALS AND CONVERSION COSTS
B: COMPUTE UNIT COST ROUNDING 2 DECIMAL PLACES
C: PREPARE A COST RECONCILIATION SCHEDULE
The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs 1. Transferred out 12,400 units. Beginning work in process $0 2. Started 3,400 units that are 60% Materials 55,774 complete as to conversion Labor 8,557 costs and 100% complete as Manufacturing overhead 22,200 to materials at July 31. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process.
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