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please help me. thanks Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All direct materials are place process.
please help me. thanks
Cost per Equivalent Unit The following information concerns production in the Forging Department for November. All direct materials are place process. The beginning inventory consists of $94,380 of direct materials. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Nov. 1 Bal., 6,600 units, 40% completed 104,412 30 Direct materials, 60,000 units 840,000 944,412 30 Direct labor 101,290 1,045,702 30 Factory overhead 139,886 ? 1,185,588 30 Goods finished, 2 units 2 30 Bal., 5,300 units, 60% completed a. Determine the number of units transferred to the next department. 61,300 units b. Determine the costs per equivalent unit of direct materials and conversion. If required, round your answer to two decir Cost per equivalent unit of direct materials Cost per equivalent unit of conversion c. Determine the cost of units started and completed in November ? Volent unit information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are incurred evenly throughout the beginning inventory consists of $94,380 of direct materials DUNT Work in Process-Forging Department ACCOUNT NO. Balance tem Debit Credit Debit Credit Bal., 6.600 units, 40% completed 104,412 Direct, materials, 60,000 units 840.000 944,412 Direct Inbor 101 290 1,045,702 Factory overhead 239,886 7 1,185,58 Good finished, 2 units o Bab, 5.300 units, 60completed in the number of units transferred to the next department 300 units termine the cost per uvalent unit of direct materials and conversion. If required, round your answer to two decimal places per equivalent to Grect materia Der tunk of conversion X mine the cost of units started and completed in November Step by Step Solution
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