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please give the explanation as well Ouestion-4 The following information pertains to the goods in process No. 3 for the month of November 1999 .
please give the explanation as well
Ouestion-4 The following information pertains to the goods in process No. 3 for the month of November 1999 . 261 On November 30,50,000 units are still in process No, 3 which are 100% complete as to materials and 50% complete as to conversion cost. REQUTRED a) Equivalent units of production ii) Cost per unit iii) Cost of units transferred to finished goods warehouse and iv) Cost of units in process on November 30 , b) General Journal entries to record: i) Transfer of 140.000 units from process No. 2 to process No.3 ii) Manufacturing costs added in process No. 3 during November iii) Transfer of 130,000 units from process No. 3 to finished goods warehouse. Ouestion-4 The following information pertains to the goods in process No. 3 for the month of November 1999 . 261 On November 30,50,000 units are still in process No, 3 which are 100% complete as to materials and 50% complete as to conversion cost. REQUTRED a) Equivalent units of production ii) Cost per unit iii) Cost of units transferred to finished goods warehouse and iv) Cost of units in process on November 30 , b) General Journal entries to record: i) Transfer of 140.000 units from process No. 2 to process No.3 ii) Manufacturing costs added in process No. 3 during November iii) Transfer of 130,000 units from process No. 3 to finished goods warehouseStep by Step Solution
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