Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Week 4 Homework Saved He 2 Badgersize Company has the following information for its Forming Department for the month of August 15 points Rork in

image text in transcribed
Week 4 Homework Saved He 2 Badgersize Company has the following information for its Forming Department for the month of August 15 points Rork in Process Inventory, August 1: 20,000 units Direct materials: 100% complete s 80,000 24,000 $104, 000 47,000 57,000 conversion: 20% complete Balance in work in process, August 1 Units started during August Units completed and transferred in August Work in process (70% complete), August 31 Costs charged to Work in Process in August eBook Direct materials Conversion costs: Direct labor Overhead applied Print $141,000 $115,000 141, 000 $256, 000 Total conversion Assume materials are added at the start of processing Required a. Calculate the equivalent units for the Forming Department for the month of August b. Find the cost per equivalent unit of input resource (Round your answers to 2 decimal places.) Direct Conversion Equivalent units bCost per aqulvalent unit

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

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions