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Solomon Company had 100 units of product in work in process inventory at the beginning of the period. It started 1,300 units during the period
Solomon Company had 100 units of product in work in process inventory at the beginning of the period. It started 1,300 units during the period and transferred 1,200 units to finished goods inventory. The ending work in process inventory was estimated to be 7O percent complete. Cost data for the period follow Product Costs Beginning balance Added during periocd $31,640 56,800 $88,440 Total Required a. Calculate the number of equivalent units of production. b. Calculate the product cost per equivalent unit. c. Calculate the total cost allocated between ending work in process inventory and finished goods inventory Complete this question by entering your answers in the tabs below. Req A and B Req C Calculate the total cost allocated between ending work in process inventory and finished goods inventory. (Round intermediate calculations to 2 decimal places.) e perioa ana transre rrea 1,2uu units !snea gooas nventory. ne ena ing work n process inventory was estimarea De , u percent complete. Cost data for the period follow: Product Costs Beginning balance Added during period $31,640 $ 88,440 Total Required a. Calculate the number of equivalent units of production. b. Calculate the product cost per equivalent unit. c. Calculate the total cost allocated between ending work in process inventory and finished goods inventory Complete this question by entering your answers in the tabs below Req A and B Req C Calculate the number of equivalent units of production. Calculate the product cost per equivalent unit a. Equivalent units b.Cost per equivalent unit Req c > Req A and B 19 Required a. Calculate the number of equivalent units of production. b. Calculate the product cost per equivalent unit. c. Calculate the total cost allocated between ending work in process inventory and finished goods inventory Complete this question by entering your answers in the tabs below. Reg C Req A and B Calculate the total cost allocated between ending work in process inventory and finished goods inventory. (Round intermediate calculations to 2 decimal places.) ost Allocation To finished goods To ending work-in-process inventory Total allocated cost Req A and B Req C >
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