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Use FIFO method: Show work, please! Thanks! Need help with 3 & 4 Direct Materials Costs Units started and completed 45,000 45,000 Units, beginning work
Use FIFO method: Show work, please! Thanks! Need help with 3 & 4
Direct Materials Costs Units started and completed 45,000 45,000 Units, beginning work in process: 12,000 x 0% 12,000 x 50% 6,000 Units, ending work in process: 20,000 x 100% 20,000 5,000 20,000 x 25% quivalent units of output osts in beginning work in process were direct materials, $25,000; conversion costs, $70,000. Manufacturing costs incurred during April were direct materials, $260,000; conversion costs, $358,400 equired: 1. Prepare a physical flow schedule for April 65,000 56,000 Dama Company Physical Flow Schedule Units to account for Units, Units started Total units to account for work in 12,000 V 65,000 77,000 Units accounted for Started and completed 45,000 V 12,000 20,000 77,000 V Units, beginning work in process work in Total units accounted for 2. Compute the cost per equivalent unit for April. If required, round your answer to the nearest cent. 10.4 per equivalent unit . Determine the cost of ending work in process and the cost of goods transferred out. Cost of ending work in S(12,000] process Cost of goods transferred out 595,000X 4. Prepare the journal entry that transfers the costs from Cutting to Sewing Work in Process-Sewi 595,000 | 595,000 XStep by Step Solution
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