Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. Using the weighted average process costing method, what is the total physical units to be accounted for? 2. Using the weighted average process costing

. Using the weighted average process costing method, what is the total physical units to be accounted for?

2. Using the weighted average process costing method, what is the total cost?

3. Using the weighted average process costing method, what is the material cost per equivalent unit?

4. Using weighted average process costing method, what is the cost of units completed and transferred out?

5. Using the weighted average process costing method, what is the cost of ending work in process?

6. Using the FIFO process costing method what is the material beginning WIP equivalent units to be completed?

7. Using the FIFO process costing method, what is the material cost per equivalent unit?

8. Using the FIFO process costing method, what is the conversion cost per equivalent unit?

9. Using the FIFO process costing method, what is the cost of ending work in process?

Percent Completed

Units

Material

Conversion

Work In Process, Beginning

20,000

100%

75%

Started into production

180,000

Completed and Transferred Units

160,000

Work In Process, Ending

100%

25%

Materials

Conversion

Work in Process Beginning

$25,200

$24,800

Costs Added during period

$334,800

$238,700

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_2

Step: 3

blur-text-image_3

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

Marketing Audit Checklists A Guide To Effective Marketing Resource Realization

Authors: Aubrey Wilson

1st Edition

0077077601, 978-0077077600

More Books

Students also viewed these Accounting questions

Question

an element of formality in the workplace between different levels;

Answered: 1 week ago