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Need Cost Accounting help with assignment. There are three problems all listed on the Word Doc and two templates are on the Excel Doc. Exercise
Need Cost Accounting help with assignment. There are three problems all listed on the Word Doc and two templates are on the Excel Doc.
Exercise 6-46 Name: Insert your answers in the gray-shaded cells of columns E, G and I. If an answer is incorrect, an asterisk will appear. a. Units Beginning inventory Pounds started Pounds to account for Beginning inventory completed Started & completed Ending inventory Normal spoilage Abnormal spoilage EUP (FIFO) b. Ending inventory: Material Conversion Total cost c. Ending inventory: Material Conversion Total cost Material Conversion Problem 6-55 Name: Insert your answers in the gray-shaded cells of columns B, C, E, G, and I. If an answer is incorrect, an asterisk will appear. a. Springtime Paints Cost of Production Report For the Month of May 31, XXXX Production Data: Beginning inventory Units started Units Units to account for Units Direct Materials Chemicals Cans Total Direct Materials Chemicals Cans Beginning WIP inventory Started & completed Ending WIP inventory Equivalent units Cost Data: Beginning inventory Current cost Total costs Divided by EUP Cost per equivalent unit Cost Assignment: Transferred out Ending WIP: Chemicals Conversion Total costs accounted for b. Units Cost x x x Springtime Paints Cost of Production Report For the Month of May 31, XXXX Production Data: Beginning WIP inventory Units started Units to account for Units Units Direct Materials Chemicals Cans Total Direct Materials Chemicals Cans Beginning WIP Started & completed Ending WIP inventory Units accounted for Cost Data: Beginning inventory Current cost Total costs Divided by EUP Cost per equivalent unit Cost Assignment Transferred out: Beginning WIP inventory Complete beginning WIP: Cans Conversion Total cost of BI transferred Started & completed Ending WIP inventory: Chemicals Conversion Total cost accounted for c. (Key essay answer here.) Units Cost x x x x and I. If an answer is Conversion Conversion Conversion ConversionStep by Step Solution
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