Question
ThomsonCo. uses weighted average process costing. At the end of the period, they had the following data: Equivalent units in BI 2,400 Costs in Beginning
ThomsonCo. uses weighted average process costing. At the end of the period, they had the following data:
Equivalent units in BI 2,400 Costs in Beginning WIP:
Equivalent units to FG 4,000 DM : $2,000
Equivalent units in EI: Conversion : $8,000
DM: 1,600 Current costs:
CC: 1,200 DM $6,000
Conversion $3,000
- What is the cost per unit for DM?
- What is the cost per unit for conversion?
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Answer I a Cost per unit of DM Formula Beginning costDMCurrent costDMEquivalent beginningFG...
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Managerial Accounting
Authors: Kurt Heisinger, Joe Ben Hoyle
2nd edition
1453375723, 1453375724, 978-1453375716
