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plz if you could answer this O - Jackson Ltd. uses an automated process in its manufacturing operations. 10 On September 1, the company had
plz if you could answer this O - Jackson Ltd. uses an automated process in its manufacturing operations. 10 On September 1, the company had 15,000 units in beginning WIP which were 40% complete. 11 During the month of September, it started 100,000 into production. 12 On September 30, there were 20,000 units in process, which were 30% complete. 13 14 Direct materials are added at the beginning of the process, and no units are spoiled in production 15 The beginning inventory had direct materials costs of $135,900 and conversion costs of $38,500. 16 Duting September, the company issues $620,000 of direct materials and incurred $199,500 of conversion costs. 17 18 Required 19 1. Prepare a production cost worksheet using the FIFO method: a) Calciate the physical units to account for. (1 mark) 21 b) Compute equivalent units for DM and CC. (4 marks) 22 c) Summarize total costs to account for (2 marks) d) Compute cost per equivalent unit. (1 marks) e) Assign total costs to units completed and WIP, endine (2 marks) 25 2. Prepare the journal entries affecting WIP. (5 marks) 20 2 24 26 20 12 3
plz if you could answer this
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