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Please help me do it Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information
Please help me do it
Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department 9,240 To Finished Goods, 69,000 units ? 120,700 Bal., 3,000 units, 60% completed Direct materials, 71,000 units @ $1.7 Direct labor Factory overhead 126,800 49,325 Bal., 2 units, 65% completed Cost per equivalent units of $1.70 for Direct Materials and $2.50 for Conversion Costs. a. Based on the above data, determine the different costs listed below. If required, round your interim calculations to two decimal places. $ 1. Cost of beginning work in process inventory completed this period 2. Cost of units transferred to finished goods during the period $ TTOO 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.)Step by Step Solution
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