Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need help with the 3 missing fields! Also may you please explain how you got the answer! Stone Company produces carrying cases for CDs.
I need help with the 3 missing fields! Also may you please explain how you got the answer! Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Physical Units 70,000 92,000 Percent Complete for Conversion 55% 70 Beginning work in process Ending work in process Stone adds all materials at the beginning of its manufacturing process. During the month, it started 180,000 units. Required: 1. Using the FIFO method, reconcile the number of physical units. 2. Using the FIFO method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the FIFO method, calculate the number of equivalent units. Equivalent Units Direct Conversion Materials Beginning Inventory Units Started and Completed Ending Inventory Total Physical Units 70,000 88,000 92.000 250,000 92,000 88,000 64,400 152.400 92.000 Porno Drew 12 BE ssignment #3 Chapter 36 Saved Stone Company produces carrying cases for CDs. It has compiled the following information for the month of June: Beginning work in process Ending work in process Physical Units 70,000 92,000 Percent Complete for Conversion 55% 70 Stone adds all materials at the beginning of its manufacturing process. During the month, it started 180,000 units. Required: 1. Using the FIFO method, reconcile the number of physical units. 2. Using the FIFO method, calculate the number of equivalent units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the FIFO method, recondile the number of physical units. Physical Physical Units Units Beginning Inventory 70,000 Units Completed 158 000 Units Started 180,000 Ending Inventory 92.000 Total 250,000 250,000 Required 2 >
I need help with the 3 missing fields!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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