Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Trendy Clothing, Inc, bo manufacturer of winter clothes. It has a knitting department and a finishing department. The exercke focus on the finishing department Direct

image text in transcribed

Trendy Clothing, Inc, bo manufacturer of winter clothes. It has a knitting department and a finishing department. The exercke focus on the finishing department Direct material se edded at the end of the process Conversion coas se added evenly during the proces. Trends the weighed excrege method of process cocina The followry numbon lur June 2017 15. Icick the con to view the informaton) Read the requirements Requirement 1. Calculate cquivalent unts of transferred n costs direct materials, and conversion costs. Enter a "for any zero balances. Equivalent Unit Physical Units Transtorrad-In Dirnd Converninn (tor) Canin Www Cow Work in process, beginning inventory (June 1) GO Times 1211 IU BUTELUT III 1:31 Walk in playli 30 50 Data Table ACHI Lyumunun is work done budale D E Physical Unit Transferred in Direct Corsion (nn) Coats Materials Cos BOS 54.000$ os 18.000 100 50% 120 X Requirements 2 Werk in procesa, beginning inventory (June 1) Degree of completion, beginning work in process Translurrain during June Completed and transferred out during June Work in procesa, unding inventory (June 301 7 Dwgreen completion, anding work in proces 7 Totalcoate added during June 130 50 70% 100% % 123,500 $250 $ 1. Calculate cquivalent unts of transformed in costs direct materials, and Conversion 2 Sum hlodalcis lazul lor and challen per unt for Translorodnosts, direct mestenals and conversion costs. 3. Antolin in and transferred out and to mainancing med ) werk in process Print Done Print Dane

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Food And Beverage Cost Control

Authors: Jack E. Miller, Lea R. Dopson, David K. Hayes

3rd Edition

0471273546, 978-0471273547

More Books

Students also viewed these Accounting questions

Question

=+d) What assumptions have you made to answer part c?

Answered: 1 week ago