Question
The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process.
The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,770 units that are 100% complete as to materials and 30% complete as to conversion costs; units started during the period are 41,500; ending inventory of 7,500 units 10% complete as to conversion costs.
Manufacturing costs: Beginning inventory costs, comprised of $20,900 of materials and $8,076 of conversion costs; materials costs added in Polishing during the month, $184,200; labor and overhead applied in Polishing during the month, $127,500 and $258,840, respectively.
Your answer is partially correct. Try again. Compute the equivalent units of production for materials and conversion costs for the month of September. Materials Conversion Costs The equivalent units of production 43270 42250 LINK TO TEXT VIDEO: APPLIED SKILLS Your answer is partially correct. Try again. Compute the unit costs for materials and conversion costs for the month. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs Unit costs 4.74 9.33 LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Your answer is incorrect. Try again Determine the costs to be assigned to the units transferred out and in process. Round unit costs to 2 deci al places, e 9-2.25 and final a s ers too de a places, eg. Transferred out Ending work in process Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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