Answered step by step
Verified Expert Solution
Question
1 Approved Answer
i want the solution of q25 24. LO.2 (Cost per WA EUP) In October 2010, Rojo Inc.'s production was 53,600 equiva- lent units for direct
i want the solution of q25
24. LO.2 (Cost per WA EUP) In October 2010, Rojo Inc.'s production was 53,600 equiva- lent units for direct material, 48,800 equivalent units for direct labor, and 42,000 equiv- alent units for overhead. During October, direct material, conversion, and overhead costs incurred were as follows: Direct material $158.688 Conversion 189648 Overhead 85,200 Beginning WIP Inventory costs for October were $26,232 for direct material, $39,024 for direct labor, and $20,640 for overhead. a. How much did Rojo Inc. spend on direct labor in October b. What was the October weighted average cost per equivalent unit for direct material, direct labor, and overhead? Chapter 6 Process Costing 245 25. LO.3 (Cost per FIFO EUP) Assume that Rojo Inc. in Exercise 24 had 7,200 EUP for direct material in October's beginning WIP Inventory, 8,000 EUP for direct labor, and 7,920 EUP for overhead. What was the October FIFO cost per EUP for direct mate- rial, direct labor, and overhead 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