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The Sanding Department of Kaiden Company has the following production and cost data for November. Production 1. Started and completed 9,200 units. 2. Started 3.300
The Sanding Department of Kaiden Company has the following production and cost data for November. Production 1. Started and completed 9,200 units. 2. Started 3.300 units that are 80% completed at November 30. Costs Beginning work in process Materials Labor Manufacturing Overhead $-0- 58.750 142,080 47,360 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Kaiden Company uses the FIFO method to compute equivalent units. (a) Your answer is correct Determine the equivalent units of production for materials and conversion costs. Equivalent Units 12,500 Materials Conversion costs 11.840 eTextbook and Media Assistance Used Attempts: 1 of 5 used (b) Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round answers to 2 decimal places, eg. 15.25.) Material costs $ Conversion costs $ Total unit costs $ Kaiden Company Cost Reconciliation Schedule Costs accounted for: Transferred out Work in process, November 30th Materials $ $ Conversion costs Total costs eTextbook and Media Save for Later Attempts: 0 of 5 used Submit
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