Question

1. 2. The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs Transferred out 12,000 units. Beginning work in process $0 Started 3,000 units that are 60% Materials 45,000 complete as to conversion Labor 16,200 costs and 100% complete as Manufacturing overhead 18,300 to materials at July 31. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the proce (a) | Your answer is correct. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production 15,000 13,800

Can someone help with the ones I got wrong (in red), thanks! Please show work so I know how you got the correct answer.

Answer 1

$ 66000 62 Cost Reconciliation Cost accounted for Transfereced out Work in Madercial $ 9000 pe 4500 Total cost process a July 34 Conversion costs 13500 79500

Ezolanastiers * Transferred out [12000 x ($3.+ 9.2.5 12000 x $ 5.5 5.5) : $ 66000 Work in Material process - July 31 (3000x €3) $ 9000 costa Conversion co (18008 $2.50) $ 4500 units Note: Maderiah ( 3000 units X100%) 3000 Conversion = (3000 units X 60.) Uned cast : Material Conversion conside 1800 units. 45000 15000 3 42.50 16200 +18300 13800