Elilott Company produces large quantities of a standardized product- T.docx
Please fill out the empty sections so that I can know what account I n.docx
0 gefällt mir
Aufrufe
Please fill out the empty sections so that I can know what account I need to put in the empty box. Please do not just copy someone\'s work... Thank you! Exercise 20-9 Weighted average: Costs assigned to output and inventones LO C2, P4 During Apri, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 37,000 were in process in the production department at the beginning of April and 250,000 were started and completed in April. Aprl\'s beginning inventory units were 50% complete with respect to materials and 50% complete with respect to labor. At the end of April, 71,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to labor The production department had $800,000 of direct materials and $300,000 of direct labor cost charged to it during April. Also, its beginning inventory included 590,000 of direct materials cost and $20,000 of direct labor. 182. Using the weighted-average method, compute the direct materials cost and the direct labor cost per equivalent unit and assign Aprils costs to the department\'s output. Round \"Cost per EUP to 2 decimal places.) t units n (EUPH we Units % Materials -EUP % Labor EUP-Labor Equivalent units of production Costs EUP otal costs Costs Equivalent units of production EUP Cost per equivalent unit of production (rounded to 2 decimals) Total costs to account f Total costs to account for: Total costs accounted for Difference due to rounding cost/unit Cost perTotal cost Cost of units transferred out EUP EUP Direct materials Direct labor Total costs transferred out Cost perTotal cost Costs of ending goods in process EUP EUP Direct materials Direct labor Total cost of ending goods in process Total costs accounted for Solution Equivalent Units of Production (Weighted Average Method) EUP Material EUP Labour Cost per equivalent unit of production Total Cost to account for: Cost Assignment & Reconciliation .
Recomendados
Please fill out the empty sections so that I can know what account I n.docx
- Please fill out the empty sections so that I can know what account I need to put in the empty box. Please do not just copy someone's work... Thank you! Exercise 20-9 Weighted average: Costs assigned to output and inventones LO C2, P4 During Apri, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 37,000 were in process in the production department at the beginning of April and 250,000 were started and completed in April. Aprl's beginning inventory units were 50% complete with respect to materials and 50% complete with respect to labor. At the end of April, 71,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to labor The production department had $800,000 of direct materials and $300,000 of direct labor cost charged to it during April. Also, its beginning inventory included 590,000 of direct materials cost and $20,000 of direct labor. 182. Using the weighted-average method, compute the direct materials cost and the direct labor cost per equivalent unit and assign Aprils costs to the department's output. Round "Cost per EUP to 2 decimal places.) t units n (EUPH we Units % Materials -EUP % Labor EUP-Labor Equivalent units of production Costs EUP otal costs Costs Equivalent units of production EUP Cost per equivalent unit of production (rounded to 2 decimals) Total costs to account f Total costs to account for: Total costs accounted for Difference due to rounding cost/unit Cost perTotal cost Cost of units transferred out EUP EUP Direct materials Direct labor Total costs transferred out Cost perTotal cost Costs of ending goods in process EUP EUP Direct materials Direct labor Total cost of ending goods in process Total costs accounted for Solution Equivalent Units of Production (Weighted Average Method) EUP Material EUP
- Labour Cost per equivalent unit of production Total Cost to account for: Cost Assignment & Reconciliation Units % Material EUP Material % Labour EUP Labour Opening WIP 37000 50 18500 50 18500 Started & Completed 250000 100 250000 100 250000 Closing WIP 71000 90 63900 10 7100 Equivalent Units of Production 332400 275600