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Use the following information for the next 4 questions Shelby's Inc. has the following production data section for the finishing department for the month of
Use the following information for the next 4 questions Shelby's Inc. has the following production data section for the finishing department for the month of May using weighted-average costing. Whole EUP PRODUCTION DATA EUP Units Mat Conv Units to account for: BWIP units 16400 16400 9020 Units started 38750 Total units to account for 55150 Units accounted for: BWIP completed 16400 0 7380 Started and completed 25760 25760 25760 Total completed 42160 EWIP units 11800 11800 5310 Normal spoilage 775 775 620 Abnormal spoilage 415 415 332 Total units accounted for 55150 55150 48422 Cost information is as follows: Costs in BWIP Transferred-in 59850 Materials 110800 Conversion 42500 Current costs Transferred- 133175 in Materials 220100 78555 Conversion The total cost/EUP is: $10.50 $11.00 $12.00 $12.50 Question 6 Total costs transferred out of the department is: $505,920 $510,693 $514,833 $525,920 Question 7 Total cost of ending work-in-process inventory is: $115,225 $125,375 $130,550 O$141,600 Question 8 Total cost of abnormal spoilage is $4,773 $4,980 $5,050 $5,125
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