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questions 18-22 with work pls:) QUESTIONS 18-28At OxyCorp, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other
questions 18-22 with work pls:) QUESTIONS 18-28At OxyCorp, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: WIP beginning (55% for conversion) 13,700 units Units started 125,000 units Units completed and transferred out 116,500 units WIP ending (35% for conversion) 22,200 units Beginning WIP transfer costs $40,000 Beginning WIP direct materials $50,300 Beginning WIP conversion costs $22,500 Costs of transfer costs added $360,000 Costs of materials added $412,000 Costs of conversion added $301,000 Please calculate: (1) Units to be accounted for (2) Costs to be accounted for (3) Equivalent units (4) Cost per equivalent unit (5) Value of ending inventory and COGS using the average cost method discussed in class. 18. Units to be Accounted for: A 116,500 B. 124, 270 units C. 125,000 units D. 138,700 units 19. Amount of Transferred in Costs to be Accounted for: A $323,500 B. $400,000 C $462,300 D. $1,185,800 20. Amount of Work in Process Costs to be Accounted for. A $323,500 B $400,000 c. $462,300 D. $1,185,800 Amount of Conversion Costs to be Accounted for A $323,500 B $400,000 C. $462,300 D. $1,185,800 22. Number of Transferred in Costs Equivalent Units: A. 116,500 units B. 124,270 units . 138,000 units D 138,700 units 21
questions 18-22 with work pls:)
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