Homework Answers
Prep Department
1. Cost of ending work in process
Materials = 2010 x $15.86 = $31879
Conversion = 920 x $4.73 = $4352
Total = $36231 or $36230
2. Cost of units transferred out
Materials = 21900 x $15.86 = $347334
Conversion = 21900 x $4.73 = $103587
Total = $450921
Maria Am
| Reconciliation | |
| Costs to be accounted for : | |
| Cost of beginning work in process inventory | |
| Costs added to the production during the year | |
| Total Costs to be accounted for | |
| Cost of Ending work in Process Inventory | |
| Cost of units transferred out | |
| Total Costs accounted for |
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Data concerning a recent period's activity in the Prep Department, the first processing depart costing, appear...
Data concerning a recent period's activity in the Prep Department, the first processing department in a...
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,130 $ 15.26 Conversion 910 $ 4.63 A total of 21,800 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the...
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Please explain
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,100 $15.56 Conversion 820 $ 4.63 A total of 21,300 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute...
Thank you Data concerning a recent period's activity in the Prep Department, the first processing department...
Thank you
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Data concerning a recent period’s activity in the Prep Department, the first processing department in a...
Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units in ending work in process inventory 2,170 870 Cost per equivalent unit $ 15.56 $ 5.63 A total of 22,000 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the...
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Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,130 $ 15.26 Conversion 910 $ 4.63 A total of 21,800 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the...
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit scous inventory about your Materials Conversion 2,030 810 $ 14.06 $ 6.23 A total of 21,000 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in...
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Please explain
Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials 2,100 $15.56 Conversion 820 $ 4.63 A total of 21,300 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute...
Thank you
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