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I will rate!! I just need to check my answers! In June, one of the processing departments at Furbush Corporation had ending work in process
I will rate!! I just need to check my answers!
In June, one of the processing departments at Furbush Corporation had ending work in process inventory of $12,000. During the month, $404,000 of costs were added to production and the cost of units transferred out from the department was $426,000. In the department's cost reconciliation report for June, the total cost accounted for would be: Vallin Manufacturing Corporation's beginning work in process inventory consisted of 9,600 units, 100% complete with respect to materials cost and 60% complete with respect to conversion costs. The total cost in the beginning inventory was $52,000. During the month, 56,000 units were transferred out. The equivalent unit cost was computed to be $4.10 for materials and $4.60 for conversion costs under the weighted average method. Given this information, the total cost of the units completed and transferred out was: Vallin Manufacturing Corporation's beginning work in process inventory consisted of 9,900 units, 100% complete with respect to materials cost and 60% complete with respect to conversion costs. The total cost in the beginning inventory was $55,000. During the month, 59,000 units were transferred out. The equivalent unit cost was computed to be $4.40 for materials and $4.90 for conversion costs under the weighted average method. Given this information, the total cost of the units completed and transferred out wasStep by Step Solution
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