Data concerning a recent period’s activity in the Prep Department, the first processing department in a...

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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:

equivalent unit in ending work in proces inventry , material 2100 conversion 970

cost of equivalent unit , material 14.36 conversion 4.63

A total of 20,800 units were completed and transferred to the next processing department during the period.
Required:
Compute the cost of the units transferred to the next department during the period and the cost of ending work in processinventory.

business accounting

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Answer 1

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The answer has been presented to the supporting sheet. All the parts has been solved with detailed explanation and calculation. For detailed answer refer to the supporting sheet.

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