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QUESTION 1 I have 6000 Equivalent Units of production for Direct Materials and 5100 equivalent units of production for conversion costs. I have $48960 in
QUESTION 1 I have 6000 Equivalent Units of production for Direct Materials and 5100 equivalent units of production for conversion costs. I have $48960 in direct materials costs and S153000 in conversion costs. If 3000 units are transferred out, find 2 correct answers. The cost for equivalent unit of production for direct materials is $8.16 and the total materials cost for items transferred out is $24480 The cost for equivalent unit of production for conversion costs is $30 and the total conversion cost for items transferred out is 590000 The cost for equivalent unit of production for direct materials is $9.60 and the total materials cost for items transferred out is $48960. The cost for equivalent unit of production for conversion costs is $9.60 and the total conversion cost for items transferred out is $24480 QUESTION 2 MJH has an average cost processing system. They add all materials at the beginning of the process. Beginning work in process consisted of 2000 units. 7000 units were started but 1500 were not completed. The ending work in process was 75% complete as to conversion costs. A. 6625 B. 10500 - - - Units to be accounted for Equivalent units for materials Equivalent units for conversion costs C. 8500 D. 7000 E. 9000
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