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please help me with this question. thanks Cost of Units Transferred Out and Ending Work in Process The content of direct me and conversion in
please help me with this question. thanks
Cost of Units Transferred Out and Ending Work in Process The content of direct me and conversion in the Rolling Department of Oak Ridge Steel Company $2.90 and $2.70, respectively. The equivalent to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in procesy 0 2,200 Started and completed during our 35,000 36,000 Transferred out of Rolling comited) 36,000 38,200 Inventory in process, 2.000 600 Total units to be assigned costs 38,000 38.100 The beginning work in processary that of $143Determine the cost of completed and are production, the ending work proces ventory, the total costs aged by the Roting Department Completed and thered out to Inventory in process ending Total costs red by the Rolling Det III Me HOW Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Oak Ri Equivalent Units Direct Materials Conversion 0 2,200 Inventory in process, July 1 Started and completed during July Transferred out of Rolling (completed) 36,000 36,000 36,000 38,200 Inventory in process, July 31 2,000 600 Total units to be assigned costs 38,000 38,800 The beginning work in process inventory on July 1 had a cost of $1,430. Determine the cost of complet Department. Completed and transferred-out production Inventory in process, ending III Total costs assigned by the Rolling Department Step by Step Solution
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