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Vaughan Company uses a process costing system to account for unit costs. The following information is available for May: DM% CC% 10,000 units 70% 50%
Vaughan Company uses a process costing system to account for unit costs. The following information is available for May: DM% CC% 10,000 units 70% 50% Beginning WIP Inventory (cost DM - $26,550 CC - $42.750) Units started in May 80,000 units Ending WIP 5,000 units 70% 10% Direct materials added during May were $238,950 and direct labor used in May was $149,625. Vaughan Company applies FOH based on 100% of DL$. Vaughan Company uses the weighted average method of accounting for equivalent units of production 1. The number of units transferred to the next department in May are Select 2. The equivalent units of production for direct materials in May are: Select 3. The cost per unit of direct materials coming out of this department in Mavis Select 1. The number of units transferred to the next department in May are [Select] 2. The equivalent units of production for direct materials in May are: [Select] 3. The cost per unit of direct materials coming out of this department in May is [ Select] 4. The total amount of dollars transferred from this department to the next department during May is (Select) 5. The dollar amount of ending WIP in the department at the end of May is Select]
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