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Physical Flow, Equivalent Units, Unit Costs, No Beginning WiP Inventory, Actlvity - Based Costing, DBC Beginning work in process, January 1 Units started , 9
Physical Flow, Equivalent Units, Unit Costs, No Beginning WiP Inventory, ActlvityBased Costing, DBC
Beginning work in process, January
Units started
Direct materials cost $
Units, ending work in process
materials; conversion March
Required:
Prepare a physical flow schedule. If an answer is zero, enter
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T Chock My Work
A physical flow schedule shows the units to account for and what happened to them.
Calculate equivalent units of production for:
b The journal entry for transferring costs from Plate Cutting to Welding
Work in ProcessWelding
Work In ProcessPlate Cutting
c The cost assigned to units in ending Inventory.
Suppose the plant manager asked the following questions:
a What is the actual cycle time for the conversion cost output for the plate subassembly round to four decimal places
$
hours per unit
b What is the conversion cost rate for the first quarter, using total conversion costs and total time round to the nearest cent
per hour
c What is the conversion cost per unit, using durationbased costing round to the nearest cent
$
:
The first three calculations are descriptive in nature. The last calculation has elements of predictive and prescriptive
Please answer AD of question I am stupidly stuck on it
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