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please help asap The Finishing Department started the month with 900 units in process, received 1,500 units from the Assembly Department, and transferred 1,600 units
please help asap
The Finishing Department started the month with 900 units in process, received 1,500 units from the Assembly Department, and transferred 1,600 units to the finished goods storage area. All direct materials are added at the beginning of the process. The units in process at the end of the month are 20% complete with respect to conversion costs. The department uses the weighted-average method. The Finishing Department incurred the following costs: (Click the icon to view the costs.) Read the requirements. 8. How many units are still in process at the end of the month? Determine the formula, then enter the amounts to calculate units in process at the end of the month. Production Cost Report - Finishing Department 10. Determine the cost per equivalent unit for transferred in, direct materials and conversion costs. (Enter cost per equivalent 11. Determine the cost to be transferred to Finished Goods Inventory. Begin by determining the formula to calculate the total cost to be transferred to Finished Goods Inventory. Costs transferred to = Finished Goods inventory The cost to be transferred to Finished Goods inventory is Data table Requirements 8. How many units are still in process at the end of the month? 9. Compute the equivalent units of production for the Finishing Department. 10. Determine the cost per equivalent unit for transferred in, direct materials and conversion costs. 11. Determine the cost to be transferred to Finished Goods Inventory Step by Step Solution
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