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Homework Answers
| Units | Amount in $ | % of completed | |
| Opening | 100 | 7500 | 25% |
| CY | 1000 | 12500 | |
| Closing | 200 | 50% |
| Opening | 100 | ||
| Additions | 1000 | ||
| Units to account | 1100 | ||
| Closing | 200 | ||
| Completed units | 900 | ||
| Cost to be accounted | 12500 | ||
| =100X75%+800X100%+200X50% | |||
| Units are | 975 | ||
| Per Unit | 12.82 | ||
| Closing WIP | 1282.05 |
Closing WIP will be $1,282/-
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I need help with my assignment please Exercise 3-6 Weighted average: Cost per EUP and costs...
I need help with my assignment please
Exercise 3-6 Weighted average: Cost per EUP and costs assigned to output LO C2 The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 36,500 units in inventory, 75% complete as to materials and 25% complete as to conversion costs. The beginning inventory cost of $83,100 consisted of $58,600 of direct material costs...
Eban Corporation uses the FIFO method in its process costing system. The first processing department, the...
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Exercise Over Chapter 6 Material (Process Costing) (NOTE: On your assignment submission, you only need to...
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Ibarra Corporation uses the FIFO method in its process costing system. The first processing department, the...
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Ibarra Corporation uses the FIFO method in its process costing system. The first processing department, the...
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Eban Corporation uses the FIFO method in its process costing system. The first processing department, the...
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(c) The Assembly Department started the month with 78,000 units in its beginning work in process...
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Tori Company uses the FIFO method in its process costing system. The first processing department, the...
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I need help with my assignment please.. Exercise 3-4 Weighted average: Equivalent units computed LO C2...
I need help with my assignment please..
Exercise 3-4 Weighted average: Equivalent units computed LO C2 The production department in a process manufacturing system completed 279,000 units of product and transferred them to finished goods during a recent period of these units, 59,000 were in process at the beginning of the period. The other 220,000 units were started and completed during the period. At period end, 39,000 units were in process. Prepare the department's equivalent units of production with respect...
I need help with my assignment please
Exercise 3-6 Weighted average: Cost per EUP and costs assigned to output LO C2 The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted average method of process costing. At the beginning of the month, the forming department has 36,500 units in inventory, 75% complete as to materials and 25% complete as to conversion costs. The beginning inventory cost of $83,100 consisted of $58,600 of direct material costs...
Eban Corporation uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 22.200 units in its beginning work in process inventory that were 50% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $66.200. An additional 69.000 units were started into production during the month. There were 18,800 units in the ending work in process inventory of the Wedding Department that were...
Tori Company uses the FIFO method in its process costing system. The first processing department, the Soldering Department, started the month with 18,000 units in its beginning work-in-process inventory that were 80% complete with respect to conversion costs. The conversion cost in this beginning work-in-process inventory was $102,150. An additional 69,100 units were started into production during the month. There were 24,000 units in the ending work-in-process inventory of the Soldering Department that were 90% complete with respect to conversion...
I need help with my assignment please..
Exercise 3-4 Weighted average: Equivalent units computed LO C2 The production department in a process manufacturing system completed 279,000 units of product and transferred them to finished goods during a recent period of these units, 59,000 were in process at the beginning of the period. The other 220,000 units were started and completed during the period. At period end, 39,000 units were in process. Prepare the department's equivalent units of production with respect...
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