Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)
Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)
15th Edition
ISBN: 9780133781106
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
Question
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Chapter 17, Problem 17.30P

1.

To determine

To compute: The equivalent units for ash, cork, ink and conversion costs.

Given information:

2014,

Beginning: Degree of completion: ash 80%; cork 50%; ink 0% and conversion costs; 54%.

Ending: Degree of completion: ash 80%; cork 50%; ink 0% and conversion costs; 68%(6%×10+4%×2).

2.

To determine

To compute: The equivalent units for ash, cork, ink and conversion costs using FIFO method.

Given information:

2014,

Beginning: Degree of completion: ash 80%; cork 50%; ink 0% and conversion costs; 54%.

Ending: Degree of completion: ash 80%; cork 50%; ink 0% and conversion costs; 68%(6%×10+4%×2).

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Chapter 17 Solutions

Cost Accounting, Student Value Edition Plus MyAccountingLab with Pearson eText -- Access Card Package (15th Edition)

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