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Landers Company Landers Company has the following information available for May: Beginning Work in Process Inventory (25% complete as to conversion) 10,000 units Started 120,000
Landers Company Landers Company has the following information available for May: Beginning Work in Process Inventory (25% complete as to conversion) 10,000 units Started 120,000 units Ending Work in Process Inventory (30% complete as to conversion) 30,000 units Beginning Work in Process Inventory Costs: Material Convefsion $ 2, 100 2.030 Current Period Costs: Material Conversion $ 33,000 109,695 All material is added at the start of production and all products completed are transferred out. 1. Refer to Landers Company. Prepare an equivalent units schedule using the (a) FIFO and (b) we average method 2. Refer to Landers Company. Prepare a schedule showing the computation for cost per equivalen assuming the (a) FIFO and (b) weighted average method. 3. Refer to Landers Company. Prepare a schedule showing the assignment of costs assuming the and (b) weighted average method
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