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The charges to Work in ProcessBaking Department for a period as well as information concerning production are as follows. The Baking Department uses the weighted
The charges to Work in ProcessBaking Department for a period as well as information concerning production are as follows. The Baking Department uses the weighted average cost method, and all direct materials are placed in process during production.
? Work in Process-Baking Department Bal., 3,400 units, 70% completed 10,472 To Finished Goods, 24,400 units Direct materials, 24,800 units 111,6001 Direct labor 52,598 Factory overhead 27,096 Bal., 3,800 units, 30% completed If required, round cost per equivalent unit answer to two decimal places. a. Determine the number of whole units to be accounted for and to be assigned costs. units b. Determine the number of equivalent units of production. units C. Determine the cost per equivalent unit. per equivalent unit d. Determine the cost of units transferred to Finished Goods. e. Determine the cost of units in ending Work in Process. $Step by Step Solution
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