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Question 11 Not yet answered Work in Process (Beginning) Started into Production Total The blending department in Golden Wheat Company. The company uses FIFO
Question 11 Not yet answered Work in Process (Beginning) Started into Production Total The blending department in Golden Wheat Company. The company uses FIFO costing and have the following in Quantities Material 8,000 26,000 34,000 Completed and Transferred-Out Work in Process (Ending) Total Cost Information: Marked out of 10 Cost of Beginning Work in Process Cost of units started in production Total Cost 22,000 12,000 34,000 Flag question Material $ 100% 100% Conversion Compute the following: 1. Number of units started and completed. 2. Equivalent units for material and conversion cost. 3. Cost per equivalent unit for material and conversion cost. 75% 50% Conversion Total 80,000 $ 45,000 $ 120,000 105,000 200,000 150,000 125,000 225,000 350,000
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