Please show your work.

1 answer below »

screenshot20210313-020203drive-cqtbuzga.jpg

Answered Same Day Mar 13, 2021

Solution

Khushboo answered on Mar 13 2021

148 Votes

Timeline for WIP:
    Particulars

    Materials
    Conversion costs
    Cost of beginning work in process

    15000
    18000
    Costs added during the period (19020+ 33680)

    50000
    52700
    Total cost (a)

    65000
    70700
    % Completed

    100%
    40%
1. Total equivalent unit of production:


    Materials
    Conversion costs
    Opening WIP (500* 20%)
    500
    0
    100
    Units completed
    2000
    2000
    2000
    Work in process, ending:
    800


    Materials
    100%
    800

    Labor and overhead
    (40%)

    320
    Equivalent units of production

    2800
    2420
    2.Cost per equivalent unit:...

SOLUTION.PDF

Please show your work.

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment