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please answer the exercises in the following answer format . please follow the exact answer format Beginning Inventory 767 units 47% complete in Materials and
please answer the exercises in the following answer format . please follow the exact answer format
Beginning Inventory 767 units 47% complete in Materials and 36% Complete in conversion or Units started and completed 8,999 units Ending Inventory 593 units 32% complete to material and 49% complete to conversion Prior Month Shaping and Milling Dept MATERIALS CONVERSION Total Cost of Beginning WIP Inventory...... ..$ 11,705...............56,752........518,457 Costs added during the period.............$369,408...... ...$372,885........$742,293 (EUP 4 FIFO Total Cost (a)........... ..S381,113............5379,637.........5760,750 (WA) Required: Prepare the schedule of EUP for Weighted Average and FIFO methods and for application of cost Answer format Costs Beginning Costs added during the period Total Cost (WA) WEIGHTED AVERAGE Materials Conversion Total Beg.Iny* M C* Cost to complete BI M" Units started completed EI M" WA Total EUP Total Cost (WA) Rate WA EUP Fifo Total EUP Fifo Total Cost FiFo Rate EUP APPLICATION OF COST Materials Conversion Total Costs EI Cheat Costs of TRSF out Total Cost (WA) My Costs Difference FIFO Costs Beginning Cost to compete BI Cost added during period EI Total Cost (WA) My costs Difference
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