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July Answers (Given): Equivalent Units of Production for Conversion Costs TOTAL: 57,410 C.) $28.68 H.) $195,889.00 August Answers (GIVEN) Whole Units Total: 78,200 d.) $204,054.00
July Answers (Given):
Equivalent Units of Production for Conversion Costs TOTAL: 57,410
C.) $28.68
H.) $195,889.00
August Answers (GIVEN)
Whole Units Total: 78,200
d.) $204,054.00
h.)$216,626.00
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Process Costing Case - Accompanying Spreadsheet - Complete the yellow/blank cells -INCLUDE FORMULAS for calculations Process Costing - Assembly Department - JUNE Process Costing - Assembly Department - JULY Process Costing - Assembly Department - AUGUST Information regarding inventory production for the Assembly Department for June is as follows: Information regarding inventory production for the Assembly Department for July is as follows: Information regarding inventory production for the Assembly Department for Aug. is as follows: $ 716,555 $ Direct Materials Costs in June for 41,300 Units Direct Labor Costs incurred in June Factory Overhead costs incurred in June Work completed in June: 35,700 units Ending Work in Progress, June 30:5,600 units, 30% completed 276,612 149,520 Direct Materials Costs in July for 54,200 Units Direct Labor Costs incurred in July Factory Overhead costs incurred in July Work completed in July: 52,700 units Ending Work in Progress, July 31: 7,100 units, 90% completed 944,164 424,834 223,899 Direct Materials Costs in August for 71,100 Units Direct Labor Costs incurred in August Factory Overhead costs incurred in August Work completed in August: 69,300 units Ending Work in Progress, August 31: 8,900 units, 60% completed Equivalent Units of Equivalent Units Production of Production for for Materials Conversion Costs Equivalent Units of Equivalent Units Production of Production for for Materials Conversion Costs Equivalent Units of Production for Materials Equivalent Units of Production for Category Whole Units Whole Units Category Whole Units Category Started in June: Completed in July 35,700 Started in July: Completed in July Started in May: Completed in June Started in June: Completed in June Started in June: Completed in July TOTAL 35,700 5,600 35,700 5,600 41,300 Started in July: Completed in August Started in August: Completed in August Started in August: Completed in September TOTAL 1,680 Started in July: Completed in August TOTAL 41,300 37,380 a.) Materials cost per equivalent unit 17.35 a.) Materials cost per equivalent unit a.) Materials cost per equivalent unit b.) Conversion cost per equivalent unit 11.40 b.) Conversion cost per equivalent unit b.) Conversion cost per equivalent unit $ - $ 28.75 c.) Cost per unit of finished goods started in May. completed in June d.) Total cost of all finished goods started in May: completed in June e.) Cost per unit of finished goods started and completed in June f.) Total cost of all finished goods started and completed in June 3.) Cost per unit of the work in progress inventory on June 30 h.) Total cost of the work in process inventory on June 30 c.) Cost per unit of finished goods started in June: completed in July d.) Total cost of all finished goods started in June: completed in July e.) Cost per unit of finished goods started and completed in July f.) Total cost of all finished goods started and completed in July 3.) Cost per unit of the work in progress inventory on July 31 h.) Total cost of the work in process inventory on July 31 c.) Cost per unit of finished goods started in July: completed in August d.) Total cost of all finished goods started in July: completed in August e.) Cost per unit of finished goods started and completed in August f.) Total cost of all finished goods started and completed in August 3.) Cost per unit of the work in progress inventory on August 31 h.) Total cost of the work in process inventory on August 31 $ 1,026,375.00 s 28.75 $ 116,312.00Step by Step Solution
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