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Needed asap please. Answer all. It's one question. Thanks! ch 7 Lansing, Inc. provides the following information for one of its department's operations for June
Needed asap please. Answer all. It's one question. Thanks!
ch 7 Lansing, Inc. provides the following information for one of its department's operations for June (no new material is added in Department T). 1 points 3 01:26:12 WIP inventory-Department T Beginning inventory (15,000 units, 50% complete with respect to Department T costs) Transferred-in costs (from Department 5) Department T conversion costs current work (35,000 units started) Prior department costs Department T costs $ 116,000 53,150 280,000 209,050 eBook Print References The ending inventory has 5,000 units, which are 20 percent complete with respect t5 Department I costs and 100 percent complete for prior department costs Check my w 7 Required: a. Complete the production cost report using the weighted-average method (Round "Cost per equivalent unit" to 2 decimal places.) Physical Units 1 points Equivalent Units Prior Department Department T Flow of units 01:25:53 Units to be accounted for: eBook 0 Print References Beginning WIP inventory Units started this period Total units to account for Units accounted for Completed and transferred out Units in ending inventory Prior department Department T Total units accounted for 0 0 Total Prior Department Department T Flow of costs Costs to be accounted for: anoinninn Wpinsentar 7 Department T Total units accounted for 0 1 Total Prior Department Department T points Flow of costs: X 01:25:35 41 $ 0 eBook Print 13 Costs to be accounted for Costs in beginning WIP inventory Current period costs Total costs to be accounted for Cost per equivalent unit Prior department Department T Costs accounted for Costs assigned to units transferred out Costs of ending WIP inventory Total costs accounted for References $ 9 0 $ NStep by Step Solution
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