1.
= 8,000 X 70% X $3.40
= $19,040
2.
= (184,000 - 8,000) X ($1.90 + $3.40) + $19,040 + $22,880
= $974,720
3.
Units in ending work in process:
= 8,000 + 188,000 - $184,000
= 12,000
= (12,000 X $1.90) + (12,000 X 25% X $3.40)
= $33,000
4.
= ($22,880 + $19,040) / 8,000
= $5.24
b.
Yes
please help! Cost of Units Completed and in Process The charges to Work in Process-Assembly Department...
Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 8,000 units, 65% completed 33,920 To Finished Goods, 184,000 units ? Direct materials, 188,000 units @ $1.9 357,200 Direct labor 527,300 Factory overhead 205,120 Bal. ? units, 75% completed ? Cost per equivalent units of $1.90 for Direct...
Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 8,000 units, 50% completed 24,800 To Finished Goods, 184,000 units ? Direct materials, 188,000 units @ $2.1 394,800 Direct labor 299,400 Factory overhead 116,400 Bal., ? units, 75% completed ? Cost per equivalent units of $2.10 for Direct...
Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 8,000 units, 40% completed 24,160 To Finished Goods, 184,000 units ? Direct materials, 188,000 units @ $1.5 282,000 Direct labor 551,400 Factory overhead 214,480 Bal., ? units, 50% completed ? Cost per equivalent units of $1.50 for Direct...
Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 8,000 units, 70% completed 29,440 To Finished Goods, 184,000 units Direct materials, 188,000 units @ 244,400 $1.3 Direct labor 496,000 Factory overhead 192,940 Bal., 2 units, 65% completed Cost per equivalent units of $1.30 for Direct Materials and...
Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 8,000 units, 30% completed 22,080 To Finished Goods, 184,000 units Direct materials, 188,000 units @ 394,800 $2.1 Direct labor 327,300 Factory overhead 127,260 Bal. ? units, 65% completed Cost per equivalent units of $2.10 for Direct Materials and...
Equivalent Units of Production and Related Costs The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 8,000 units, 60% completed 23,360 To Finished Goods, 184,000 units ? Direct materials, 188,000 units @ $1.90 357,200 Direct labor 236,100 Factory overhead 91,860 Bal., ? units, 25% completed ? Determine the following: a. The number of units...
Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production Work in Process-Assembly Department Bal., 2,000 units, 55% completed 8,510 To Finished Goods, 46,000 units Direct materials, 47,000 units $2 94,000 Direct labor 146. Sool Factory overhead 57.000 Bal 2 units, 45% completed Cost per equivalent units of $2.00 for Direct Materials and...
Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 2,000 units, 30% completed 5,540 To Finished Goods, 46,000 units ? Direct materials, 47,000 units @ $1.6 75,200 Direct labor 142,300 Factory overhead 55,310 Bal. ? units, 55% completed ? a. Based on the above data, determine the...
Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 2,000 units, 55% completed 5,510 To Finished Goods, 46,000 units ? Direct materials, 47,000 units @ $1.6 75,200 Direct labor 75,300 Factory overhead 29,350 Bal. ? units, 20% completed ? a. Based on the above data, determine the...
Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 7,000 units, 40% completed 18,200 To Finished Goods, 161,000 units Direct materials, 165,000 units @ $1.4 231,000 Direct labor 373,400 Factory overhead 145,160 Bal. 2 units, 35% completed a. Based on the above data, determine the different costs...