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Please help. Due soon and really need help with CORRECT answers. Thank you. Direct Materials Conversion Percent Percent Complete Complete Units 1,000 10,000 9,000 2,000
Please help. Due soon and really need help with CORRECT answers. Thank you.
Direct Materials Conversion Percent Percent Complete Complete Units 1,000 10,000 9,000 2,000 100% 40% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 2,000 3,240 $ 5,240 81,820 177.864 259,684 $ 264,924 ELLIOTT COMPANY--First Department Production Cost Report - Weighted Average Method For Month Ended March 31 Unit Reconciliation: Units to account for: Total units to account for Units accounted for: Total units accounted for Equivalent Units of Production (EUPI Units Direct Materials % Complete EUP Conversion % Complete EUP Equivalent Units of Production Cost per Equivalent Unit of Production Direct Materials Conversion Costs EUP Costs EUP Total costs - Equivalent units of production Cost por equivalent unit of production rounded to 2 decimals) Cost Assignment Completed and transferred out EUP Direct materials Conversion 0 Cost per EUP Total cost EUP Ending work in process Direct materials Conversion Total cost Cost per EUP s 000 5 0.00 Total costs accounted for Step by Step Solution
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