Question
Production data for cherokee trades for the first month of operations cost charged to cherokee traders. materials $18000,labour $3400, overhead $19000. During this first month
Production data for cherokee trades for the first month of operations
cost charged to cherokee traders.
materials $18000,labour $3400, overhead $19000.
During this first month of operations ,3000 units were started into production. 2500 units were transferred out and remaining 500 units are 100% completed with respect to materials and 60% complete with respect to conversion cost. The company uses the weighted average method of process costing.
instruction.
a)unit material cost b)equivalent units of conversion cost
e)unit conversion cost d)total cost of 500 unit in process at end of month
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