Homework Process Costing Assignment 9 Required Information Part 2 Of 2 The Following Information Applies To The Ques 1 (129.27 KiB) Viewed 19 times
Homework: Process Costing Assignment 9 ! Required information Part 2 of 2 [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Company. 3 Beginning work in process points Direct materials $ 24,150 2,900 Conversion $ 27,050 Costs added this period Direct materials 403, 200 213,440 Conversion 616,640 Total costs to account for $ 643,690 Direct Materials Percent Complete 100% Conversion Percent Complete 20% 2,500 Beginning work in process inventory Units started this period 36,000 Completed and transferred out 35,500 Ending work in process inventory 3,000 100% 60% Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) eBook Hint Print References Units Saved
Homework: Process Costing Assignment i 9 Required information Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Part 2 of 2 Unit reconciliation Units to account for 3 points Total units to account for Units accounted for Total units accounted for Equivalent units of production (EUP) - FIFO method Direct Materials Equivalent Units of Production Cost per EUP + Equivalent units of production Cost per EUP (rounded to 2 decimals) Cost assignment Beginning work in process To complete beginning work in process Direct materials Conversion Started and completed Direct materials Conversion Completed and transferred out Ending work in process Direct materials Conversion Total costs accounted for eBook t Hint ✔ Print References Units EUP EUP EUP % Added Cost per EUP Cost per EUP $ 0.00 $ 0.00 Cost per EUP $ 0.00 $ 0.00 EUP Direct Materials 0 Total cost Total cost Total cost $ % Added Conversion 0.00 EUP Conversion 0 Saved
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