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31. Mar 2023•0 gefällt mir•3 views

31. Mar 2023•0 gefällt mir•3 views

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This problem is about the production department, so there is no transferred-in cost. You don't need to type in your work. You only need to clearly provide your final answer to each question below. You may lose points if I cannot understand what your answers refer to. Round all calculations to two decimal places if necessary. 1. Under weighted-average method, calculate the equivalent units for direct materials and conversion costs. Also, calculate cost per EU for direct materials, cost per EU for conversion costs, the total cost of units completed and transferred out, and the total cost of units in ending WIP inventory. Please clearly mark your answers for EU for direct materials, EU for conversion costs, cost per EU for direct materials, cost per EU for conversion costs, total cost of units completed and transferred out, and total cost of ending WIP. 2. Under FIFO method, calculate the equivalent units for direct materials and conversion costs. Also, calculate cost per EU for direct materials, cost per EU for conversion costs, the total cost of units completed and transferred out, and the total cost of units in ending WIP inventory. Please clearly mark your answers for EU for direct materials, EU for conversion costs, cost per EU for direct materials, cost per EU for conversion costs, total cost of units completed and transferred out, and total cost of ending WIP..

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- 1. This problem is about the production department, so there is no transferred-in cost. You don't need to type in your work. You only need to clearly provide your final answer to each question below. You may lose points if I cannot understand what your answers refer to. Round all calculations to two decimal places if necessary. 1. Under weighted-average method, calculate the equivalent units for direct materials and conversion costs. Also, calculate cost per EU for direct materials, cost per EU for conversion costs, the total cost of units completed and transferred out, and the total cost of units in ending WIP inventory. Please clearly mark your answers for EU for direct materials, EU for conversion costs, cost per EU for direct materials, cost per EU for conversion costs, total cost of units completed and transferred out, and total cost of ending WIP. 2. Under FIFO method, calculate the equivalent units for direct materials and conversion costs. Also, calculate cost per EU for direct materials, cost per EU for conversion costs, the total cost of units completed and transferred out, and the total cost of units in ending WIP inventory. Please clearly mark your answers for EU for direct materials, EU for conversion costs, cost per EU for direct materials, cost per EU for conversion costs, total cost of units completed and transferred out, and total cost of ending WIP.