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Question 3 134 Marks Dubai Company produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is
Question 3 134 Marks Dubai Company produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at May for the first production department follow: Percent Complete Units Materials Conversion Work in process inventory, May 1 5,000 100% 40% Work in process inventory, May 31 10,000 100% 30% Materials Cost in Work in Process Inventory, May 1 $1,500 Conversion Cost in Work in Process Inventory, May 1 4,000 Units Started into Production 180,000 Units transferred to the next production department 175,000 Materials cost added during May $54,000 Conversion cost added during May $352,000 Required: a. Determine the equivalent units of production. [10 marks] b. Determine the costs per equivalent unit. [8 marks] c. Determine the cost of ending work in process inventory. [8 marks] d. Determine the cost of the units transferred to the next department. [8 marks] TT TT Paragraph Arial 3 (12pt) T- > DOO T T
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