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Solve for August. Please Show Work. (Zoom in on your browser to see chart above) Process Costing - Assembly Department - JULY Information regarding inventory
Solve for August. Please Show Work. (Zoom in on your browser to see chart above)
Process Costing - Assembly Department - JULY Information regarding inventory production for the Assembly Department for July is as follows: Process Costing - Assembly Department - AUGUST Information regarding inventary production for the Assembly Department for Aug. is as follows: $ S 1225.007.0 Direct Materials Costs in July for 54,200 Units Direct Labor Costs incurred in July Factory Overhead costs incurred in July Work completed in July: 52,700 units Ending Work in Progress, July 31: 7,100 units, 90% completed 944,164 424,834 223,899 518.700 Direct Materials Casts in August for 71,100 Units Direct Labor Costs incurred in August Factory Overhead costs incurred in August Work completed in August: 69,300 units Ending Work in Progress, August 31: 8,900 units, 60% completed 273,000 Equivalent Units of Equivalent Units Production of Production for for Materials Conversion Costs Equivalent Units of Production for Materials Equivalent Units of Production for Category Whole Units Whole Units 3.920 47,100 Started in June: Completed in July Started in July: Completed in July Started in July: Completed in August TOTALL 5,600 47,100 7,100 59,800 47,100 7,100 54,200 Category Started in July: Completed in August Started in August: Completed in August Started in August: Completed in September TOTAL 6,390 57,410 2.) Materials cost per equivalent unit 2.) Materials cost per equivalent unit $ S 17.42 11.30 b.) Conversion cost per equivalent unit b.) Conversion cost per equivalent unit 28.72 $ 44,296.00 c.) Cost per unit of finished goods started in June: S completed in July d.) Total cost of all finished goods started in June: completed in July c.) Cost per unit of finished goods started and completed in July t) Total cost of all finished goods started and completed in July Cost per unit of the work in progress inventorys on July 31 h.) Total cost of the work in process inventory on July 31 $ $ 28.72 1,352,712.00 c.) Cost per unit of finished goods started in July completed in August d.) Total cost of all finished goods started in July completed in August c.) Cost per unit of finished goods started and completed in August t) Total cost of all finished goods started and completed in August ) Cost per unit of the work in progress inventory on August 31 h.) Total cost of the work in process inventory on August 31 28.72 $ 195,899.00 CHECK ANSWERS - JULY G24 S G29 $ 57,410 28.72 195,889.00 Note: For August costs: Enter the amounts given in the case for the preferred options. CHECK ANSWERS. AUGUST 78,200 L25 $ 204,054.00 L29 $ 216,626.00Step by Step Solution
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