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please solve it ASAP solve it quickly to upvote you directly i have just 40 minutes please Q3 10 Points Mentos Corporation makes interlocking children's
please solve it ASAP solve it quickly to upvote you directly i have just 40 minutes please
Q3 "10 Points" Mentos Corporation makes interlocking children's blocks in a single processing department Direct materials are added at the start of production. Conversion costs are added evenly throughout production Mentos uses the weighted-average method of process costing. The following information for October 2019 is available Physical Units Work in process, October ! 13.000 Started in October 47.000 Completed and transferred out during 52.000 October Work in process, October 31 8,000 Degree of completion direct materials, 100%conversion costs. 70%. "Degree of completion direct materials, 100%; conversion costs, 40% $ 5.760 14.825 Total Costs for October 2019 Work in process, beginning Direct materials Conversion costs Direct materials added during October Conversion costs added during October Total costs to account for Required: $ 20,585 25.440 58.625 $104,650 1. Summarize the flow of physical units of output. "2 Points" 2. Compute output in terms of equivalent units. "2 Points" 3. Summarize the total costs to account for "2 Points" 4. Compute the cost per equivalent unit. "2 Points" 5. Assign the total costs to the units completed and to the units in ending work-in process inventory "2 PointsStep by Step Solution
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