Business, 18.02.2020 05:23, Thekid6556

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process—Assembly Department Bal., 9,000 units, 50% completed 22,050 To Finished Goods, 207,000 units ? Direct materials, 212,000 units @ $1.6 339,200 Direct labor 276,000 Factory overhead 107,400 Bal. ? units, 75% completed ? Cost per equivalent units of $1.60 for Direct Materials and $1.80 for Conversion Costs. Based on the above data, determine the different costs listed below. .

(1) Cost of beginning work in process inventory completed this period. $
(2) Cost of units transferred to finished goods during the period.

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Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a peri...