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pleasw help me with this one problem. fill out answers in order and if ALL correct i will give thumbs up. zoom in if needed
pleasw help me with this one problem. fill out answers in order and if ALL correct i will give thumbs up. zoom in if needed thanks
please answer this ONE question have. thanks so much
? Work in Process-Painting 5/1 Balance 3,6905/31 Transferred out 5/31 Materials 5,820 5/31 Labor 4,106 5/31 Overhead 1,280 5/31 Balance Production records show that there were 500 units in the beginning inventory, 30% complete, 1,700 units started, and 1,400 units transferred out. The beginning work in process had materials cost of $2,540 and conversion costs of $1,150. The units in ending inventory were 40% complete. Materials we entered at the beginning of the painting process Your answer is correct. How many units are in process at May 317 Work in process, May 31 300 units VIDEO SIMILAR EXERCISE LINK TO TEKY LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. What is the unit materials cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.) The unit materials cost for May LINK TO TEXT LINK TO TEXT LINK TO TEXT Your answer is incorrect. Try again. What is the unit conversion cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.) X The unit conversion cost for May LINK TO TEXT LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. What is the total cost of units transferred out in May? The total cost of units transferred out in May X Your answer is incorrect. Try again. What is the total cost of units transferred out in May? The total cost of units transferred out in May LINK TO TEXT LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. What is the cost of the May 31 inventory? X Work in process Production Costs 1. 2. Transferred out 14,100 units. Started 5,100 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31. Beginning work in process Materials Labor Manufacturing overhead $0 73,920 30,180 21,300 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during Your answer is correct. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production 19200 17160 LINK TO TEXT LINK TO TEXT Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials 3.80 Conversion costs 3 Your answer is partially correct. Try again. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and Cost Reconciliation Costs accounted for Transferred out 95880 Work in process, July 31 Materials 19380 Conversion costs 9180 28560 Total costs 124440 Step by Step Solution
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