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if you could show the calculations it would exteemely helpful thanks! is kind of urgent too What was the total cost amount of Job 7640
if you could show the calculations it would exteemely helpful thanks!
What was the total cost amount of Job 7640 that was completed? [k] What was the total cost amount of Job 7641 that was completed? [U What is the total cost amount of the unfinished Job 7642 that remains in work-in-process? [m] Confidence for - 577 RON Question 1 For the year ended December 31, 2022, the job cost sheets of Moore Company contained the following data. Job Direct Direct Manufacturing Number Explanation Materials Labor Overhead 7640 Balance 1/1 $112,500 $108,000 $129,600 Current year's 135,000 162,000 194,400 costs 7641 Balance 1/1 49,500 81,000 97,200 Current year's 193,500 216,000 259,200 costs 7642 Current year's 261,000 247,500 297,000 costs Other data: Job Nos. 7640 and 7641 were completed during the year. Instructions: Prove the agreement of Work-in-Process Inventory with the job cost sheets pertaining to unfinished work. In other word T-account provided using aforementioned job cost sheet information and other data. Then answer the following questio appropriate punctuation (le. commas). Dollar signs are not recorded within T-accounts. Work-in-Process Inventory 27 out of Moneybagg Yo Company has several processing departments. Costs to be accounted for in the Assembly Department for November 2022 are as follows Work-in-process, November 1 Materials $118,500 Conversion costs 72.225 $190,725 Direct materials added in November 2,383,500 Direct labor incurred during November 338,880 Manufacturing overhead assigned during 506,895 November Total manufacturing costs incurred during $3,420,000 November Production records show the following: Units in Work in Process, November 1 Units started into production Units in Work-In-Process, November 30 Percent complete in Work-in-Process: Conversion costs 52,500 990,000 37,500 60% Instructions: Using a production costs report, answer the following questions. Your answers should use punctuation where appropriate (ie., commas). What are the physical units "accounted for? (aj units What are the equivalent units for materials? (b) units What are the equivalent units for conversion costs 7 [c] units What is the total cost incurred during production for materials? S[d] What is the total cost incurred during production for conversion costs? s[e] What is the production cost per equivalent unit for materials ? Record your response to the nearest penny (ex. $555). SU What is the production cost per equivalent unit for conversion costs? Record your response to the nearest penny (ex $5.55) S[g] What is the total cost of the units completed and transferred out? S[h) What is the total cost of ending work-in-process for materials? So What is the total cost of ending work-in-process for conversion costs? $0 What is the total costs incurred in November? S[k] is kind of urgent too
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