The following additional facts relate to production and costs are shown: Assembly department Finishing | department Units Beginning units (Jan 1, 2019) Units started or transferred in Completed units Ending units (Jan 31, 2019) 500 units (30%) 5,500 400 units (20%) 300 units (50%) 600 units (60%) Cost of beginning inventory Transferred in costs Material costs Conversion costs 57,700 98,000 74,950 5,280 Costs incurred in January Material costs Conversion costs 394,000 2,000,000 18,300 100,200
The following additional facts relate to production and costs are shown: Assembly department Finishing | department Units Beginning units (Jan 1, 2019) Units started or transferred in Completed units Ending units (Jan 31, 2019) 500 units (30%) 5,500 400 units (20%) 300 units (50%) 600 units (60%) Cost of beginning inventory Transferred in costs Material costs Conversion costs 57,700 98,000 74,950 5,280 Costs incurred in January Material costs Conversion costs 394,000 2,000,000 18,300 100,200
Chapter5: Process Costing
Section: Chapter Questions
Problem 9EA: Using the weighted-average method, compute the equivalent units of production if the beginning...
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ind the cost of goods complete and the work-in-process inventory
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