The Ammad Company manufactures a product in a single process. The following information is available: Work-in-process, January 1 Units started in production Units completed and transferred out Work-in-process, December 31 Production costs: -0- 14,000 9,000 5,000 Direct Materials $385,000 Direct Labour 139,750 Manufacturing Overhead 86,000 $610,750 Total cost to account for The units still in process are.100% complete with respect to direct materials and 35% complete with respect to conversion costs. The cost per equivalent unit for direct materials is? a. $42.80 b. $27.50 Oc. $77.00 O d. $35.80
The Ammad Company manufactures a product in a single process. The following information is available: Work-in-process, January 1 Units started in production Units completed and transferred out Work-in-process, December 31 Production costs: -0- 14,000 9,000 5,000 Direct Materials $385,000 Direct Labour 139,750 Manufacturing Overhead 86,000 $610,750 Total cost to account for The units still in process are.100% complete with respect to direct materials and 35% complete with respect to conversion costs. The cost per equivalent unit for direct materials is? a. $42.80 b. $27.50 Oc. $77.00 O d. $35.80
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 16E: Heap Company manufactures a product that passes through two processes: Fabrication and Assembly. The...
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The Ammad Company manufactures a product in a single process. The following information is available:
The units still in process are 100% complete with respect to direct materials and 35% complete with respect to conversion costs.
The total cost of the units completed and transferred to Finished Goods is:
a.
$436,500
b.
$473,400
c.
$511,200
d.
$392,625
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