Question
The following information is available for Sub-Dept B for the month of July: Work in process, July 1 (60%complete)5,000 units Directmaterials$12,000 Conversion$18,000 Total work in
The following information is available for Sub-Dept B for the month of July:
Work in process, July 1 (60%complete)5,000 units
Directmaterials$12,000
Conversion$18,000
Total work in process, July1$30,000
Unit started in production duringJuly20,000
Work in process, July 31, (40%complete)2,000
Costs added during the period:
Directmaterials$36,000
Conversion$52,000
Total costs added duringJuly$88,000
Materials are added at the beginning of the process.
Requirements (all answers should be supported by calculation; Round to two decimal places.)
a. Department A's cost per equivalent unit of production for materials using the weighted average method is:
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
5th edition
134727797, 9780134728643 , 978-0134727790
