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Еупи. Prepare journal entries showing the flow of costs through the two processing departments during April. EXERCISE 6-6 Equ

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Answer #1

1) Equivalent unit

Equivalent unit
Physical units Materials Labor Overhead
Unit Completed 790000 790000 790000 790000
Ending work in process 50000 30000 10000 10000
Equivalent unit 840000 820000 800000 800000

2) Cost per equivalent unit

Material Labor Overhead
Beginning work in process 68600 30000 48000
Cost added 907200 370000 592000
Total Cost 975800 400000 640000
Equivalent unit 820000 800000 800000
Cost per equivalent unit 1.19 0.50 0.80
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