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Please fill in 1 through 5. 1,2,3,4,5 Vaughan Company uses a process costing system to account for unit costs. The following information is available for
Please fill in 1 through 5.
1,2,3,4,5
Vaughan Company uses a process costing system to account for unit costs. The following information is available for May: DM% CC% 10,000 units Beginning WIP Inventory 70% 50% (cost DM = $26,550 CC = $42,750) Units started in May 80,000 units Ending WIP 5,000 units 70% 10% Direct materials added during May were $238,950 and direct labor used in May was $149,625. Vaughan Company applies FOH based on 100% of DL$. Vaughan Company uses the weighted average method of accounting for equivalent units of production. 1. The number of units transferred to the next department in May are [ Select] 2. The equivalent units of production for direct materials in May are: [ Select ] 3. The cost per unit of direct materials coming out of this department in May is [ Select] 4. The total amount of dollars transferred from this department to the next department during May is [Select ] 5. The dollar amount of ending WIP in the department at the end of May is [ Select] [ Select ] some amount other than those shown $35,000 $12,500 $10,500 $12,000
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