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Johnson Shirts has the following physical inventory of units being produced for the month of April. Costs associated with these units are as follows: Complete
Johnson Shirts has the following physical inventory of units being produced for the month of April. Costs associated with these units are as follows: Complete the first 5 steps in the space below 1. Equivalent units of production for the department. 2. The per unit processing cost. 3. Cost of the units started last month and finished this month. 4. Cost of units started and finished this month. 5. Cost of ending inventory. 6. Cost of units complete and transferred to finished goods. 7. Cost of goods sold. 8. Finished goods inventory. Further assume that at the beginning of the month of April, Johnson had in finished goods inventory 10,000 units with a cost of .81 to build. They sold and shipped 47,000 units and had 13,000 units in ending finished good inventory. Complete-steps 6,7 , and 8 -below
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