Homework Answers
Solution :
Answer (1) The Answer is (a)
| Work in Process - Department A | xxx | |
| Work in Process - Department B | xxx | |
| Salaries and Wages Payable | xxx |
Answer (2) The Answer is (a) $ 24,435.20
Working :
Total Ending Inventry Unit = 9,200
Equivalent Units = 9,200 * 0.80 = 7,360
Cost per Equivalent Unit = $ 3.32
Cost of Ending Inventory = 7,360 * $ 3.32 = $ 24,435.20
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Record manufacturing expenses incurred for the whole
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Record entry to apply overhead cost to production at a
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Record the transfer of completed units from the Blending
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