Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem T2-10 Bricktown Bats buys wood as a direct material for its baseball bats. The Forming Department processes the baseball bats, which are then transferred

image text in transcribed
image text in transcribed
Problem T2-10 Bricktown Bats buys wood as a direct material for its baseball bats. The Forming Department processes the baseball bats, which are then transferred to the Finishing Department, where a sealant is applied. During the month of March the Forming Department began manufacturing 10.000 "Casey Sluggers. There was no beginning Inventory that month Costs added to the Forming Department that month were as follows: Direct materials Conversion costs Total $34,500 16,800 $51,300 A total of 7,300 bats were completed and transferred to the Finishing Department in March, the remaining 2,700 bats were still in process at the end of the month. The bats in ending inventory were 100% complete with respect to materials but were only 26% complete with respect to conversion Your answer is incorrect. Try again What was the cost of the units transferred to the finishing Department (Round cost per equivalent unit to 2 decimal places, .. 52.75 and the final answer to decimal places, e.g. 5,275.) Cost of units transferred 25185 LINK TO TEXT x Your answer is incorrect. Try again. What was the Forming Department's Work in Process Inventory balance at the end of March? (Round cost per equivalent unit to 2 decimal places, e.g. 52.75 and the final answer to O decimal places, e.g. 5,275.) Work in Process Inventory balance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

2. What is field selling?

Answered: 1 week ago