A department started 10,000 units last month, and the total cost per equivalent unit was $5.00....
A department started 10,000 units last month, and the total cost per equivalent unit was $5.00. The department completed and transferred 8,000 units to finished goods inventory. There was no beginning or ending WIP inventories.
Calculate the number and cost of spoiled units.
| Number of spoiled units |
|
||
| Cost of spoiled units | $ |
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Homework Answers
Answers
- Number of spoiled units = 10000 units started – 8000 units transferred = 2000 units
- Cost of spoiled units = 2000 units x $ 5 = $ 10,000
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A department started 10,000 units last month, and the total cost
per equivalent unit was $5.00....
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Please help solve
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Please help solve
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Complete the production cost report using FIFO
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