Question
Vista, Inc. began its paint manufacturing business this month and uses process costing. In the Mixing Department, direct materials are added at the beginning of
-
Vista, Inc. began its paint manufacturing business this month and uses process costing. In the Mixing Department, direct materials are added at the beginning of the process, and conversion costs are added evenly throughout the process. Of the 56,000 gallons of paint started in the Mixing Department this month, 30,000 gallons were completed and transferred out to the Canning Department, and the remaining 26,000 gallons were 75% complete for conversion costs. Calculate the total equivalent units for direct materials in the WIP ending inventory.
A. 26,000 EU for DM
B. 30,000 EU for DM
C. 56,000 EU for DM
D. 19,500 EU for DM
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Activity Based Cost Management In Government
Authors: Gary Cokins
2nd Edition
1567261817, 978-1567261813
