Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question et Moving to another question will save this response Question 2 Ola Company manufactures standard and premium electronic widgets. For both products, materials are

image text in transcribed
image text in transcribed
image text in transcribed
Question et Moving to another question will save this response Question 2 Ola Company manufactures standard and premium electronic widgets. For both products, materials are added at the beginning of the proc Weighted Average method to compute equivalent units. Production and cost data for the Standard Widget for the month of September Production Data - Standard Units Percent Complete Work in process units, May 1 560 70% Units started into production 2240 Work in process units, May 31 700 30% Cost Data for Standard Costs. Beginning Inventory Direct Materials $ 24,360 Conversion Cost 40.803 Total Work in Process, May 1 $ 65,163 Added During the Period Direct Materials Conversion Costs Total Costs Added Total Costs $ 80,640 103,572 $ 184,212 $ 249,375 How many units were completed and transferred during September? The answer should be formatted with commas ar What are the total equivalent units for materials during September? The answer should be formatted with commas Moving to another question will save this response Question 2 Ola Company manufactures standard and premium electronie widgets. For both products, meded at the beginning of the production proces, do Weighted Average method to compute equivalent units. Production and cont data for the Standard Widget for the month of September are as follows Production Data - Standard Units Percent Complete Work in process units, May 1 560 70% Units started into production 2240 Work in process units, May 31 700 3096 Costs. Cost Data for Standard Beginning Inventory Direct Materials $ 24,360 Conversion Cost 40.803 Total Work in Process, May 1 $ 65,163 Added During the Period Direct Materials Conversion Costs Total Costs Added Total Costs $ 80,640 103.572 $ 184,212 $ 249,375 How many units were completed and transferred during September? The answer should be formatted with commas and roundup to the neares What are the total equivalent units for materials during September? The answer should be formatted with commas and roundup to the nearen What are the total equivalent units for conversion costs during September? The answer should be formatted with commas and roundup te What is the wait.cast for materiale for Santambar2 The answer should be formatted in dollars and contribus decimal placer En Total Work in Process, May 1 $ 65,163 Added During the Period Direct Materials Conversion Costs Total Costs Added Total Costs $ 80,640 103.672 $ 184,212 $ 249,375 How many units were completed and transferred during September? The answer should be formatted with commas and roundup to the neares What are the total equivalent units for materials during September? The answer should be formatted with commas and roundup to the neare What are the total equivalent units for conversion costs during September? The answer should be formatted with commas and roundup What is the unit cost for materials for September? The answer should be formatted in dollars and cents (two decimal places). Examp" What is the unit cost for conversion cost for September? The answer should be formatted in dollars and cents (two decimal places) What is the costs of units completed and transferred during September? The answer should be formatted in dollars and rounded What is the costs of the units in ending inventory at the end of September? The answer should be formatted in dollars and rou A Moving to another question will save this response

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

Knowledge Audit A Complete Guide

Authors: The Art Of Service - Knowledge Audit Publishing

2021 Edition

1867424010, 978-1867424017

More Books

Students also viewed these Accounting questions