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please answe within 10 mintues The following is a production report for Department A of Barber Company, a paint manufacturer: Cost (DM $15,000, CC $42,000)
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The following is a production report for Department A of Barber Company, a paint manufacturer: Cost (DM $15,000, CC $42,000) Work in process, beginning inventory: 45,000 units 25% complete for DM 35% complete for CC Units started during the period: Units completed and transferred 650,000 units 200,000 units Cost (DM $930,000 CC $890,000) Units in ending inventory: 495,000 units 15% complete for DM 25% complete for CC Required: a. Calculate the Equivalent Units for Direct Materials (DM) and Conversion Costs (CC) using the WACM method. Show all your work and calculations. (7.5 Marks) b. Calculate the Cost Per Equivalent Units for both Direct Materials and Conversion Costs. Show all your calculations and round your cost to two decimal points. (7.5 Marks)Step by Step Solution
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