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Please help, Thanks! :)) Montreal Company has gathered the following information Production and Manufacturing Costs Equivalent Units and Cost Information Cost & Completion % Units
Please help, Thanks! :))
Montreal Company has gathered the following information Production and Manufacturing Costs Equivalent Units and Cost Information Cost & Completion % Units in beginning work in process 5.000 Units started into production 75,000 Units in ending work in process 15,000 Percent complete for conversion costs in ending work in 25% process Costs incurred: Direct materials $160,000 Direct labor $105,000 Overhead $204,375 Materials are added at the beginning of the process, meaning 100% of the materials are allocated to Ending Work in Process Compute equivalent units of production for materials and for conversion costs. For units, they MUST be typed as a whole number, meaning it should NOT include any fractions or decimals. For example, if you answer is 100 units, you MUST type 100. Responses - Equivalent Units . Conversion Costs Responses - Equivalent Units Materials The Equivalent Units of Production Determine the unit costs of production. Round unit costs to 2 decimal places, e.g. 2.25. When typing your responses, do NOT include a dollar sign. Responses - Unit Costs Materials Conversion Costs Unit Costs $ $ Show the assignment of costs to units transferred out and in process. Round your answer to 0 decimal places, e.g. 10,000. When typing your responses, do NOT include a dollar sign. Responses - Manufacturing Costs Transferred Out $ Ending Work in Process $ Step by Step Solution
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