Answer the following questions using the information below: AL-Hikmah co manufactures a product passing by two departmen

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Answer The Following Questions Using The Information Below Al Hikmah Co Manufactures A Product Passing By Two Departmen 1 (35.26 KiB) Viewed 70 times

Answer the following questions using the information below: AL-Hikmah co manufactures a product passing by two departments. It's casting system uses two cost categories, direct materials and convention conta. Each product et pantthewugh the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process Conversion costs are allocated evenly throughout production, AL Hikmah couses weighted average couting Data for the Assembly Department for July 2020 are: Direct materials Conversion costs Work in process, 17/2020 300 units 100% complete 50% complete Units started during July 1500 units Work in process, 31/7/2020 1200 units 100% complete 75% complete Costs for July 2013: Work in process, 17/2020 $25000 $21700 costs added during July S15000 S22000 1) What are the equivalent units for direct materials and conversion costs, respectively, for July A) 800 units: 1200 units B) 2000 units: 30 units C 800 units: 300 units D) 2000 units: 1700 units 2) What is the total amount debited to the WIP assembly account during the month of July A) 537000 B) 546500 C) 583700 Dinone of the above ING 11 12/2000