Business
Business, 23.10.2019 04:10, elainnysanchez1541

It is necessary to calculate equivalent units of production in a department because

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Business, 25.06.2019 10:50, jessewilkerson2312
Exercise 4-8 equivalent units; cost per equivalent unit; assigning costs to units-weighted-average method [lo4-2, lo4-3, lo4-4] helix corporation uses the weighted-average method in its process costing system. it produces prefabricated flooring in a series of steps carried out in production departments. all of the material that is used in the first production department is added at the beginning of processing in that department. data for may for the first production department follow: percent complete units materials conversion work in process inventory, may 1 80,000 100 % 30 % work in process inventory, may 31 60,000 100 % 20 % materials cost in work in process inventory, may 1 $ 62,400 conversion cost in work in process inventory, may 1 $ 19,000 units started into production 266,000 units transferred to the next production department 286,000 materials cost added during may $ 152,120 conversion cost added during may $ 273,040 required: 1. calculate the first production department's equivalent units of production for materials and conversion for may. 2. compute the first production department's cost per equivalent unit for materials and conversion for may. 3. compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for may. 4. compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for may.
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Business, 02.07.2019 16:20, burnsmykala23
Helix corporation uses the weighted-average method in its process costing system. it produces prefabricated flooring in a series of steps carried out in production departments. all of the material that is used in the first production department is added at the beginning of processing in that department. data for may for the first production department follow: percent complete units materials conversion work in process inventory, may 1 70,000 100 % 40 % work in process inventory, may 31 50,000 100 % 25 % materials cost in work in process inventory, may 1 $ 56,100 conversion cost in work in process inventory, may 1 $ 16,400 units started into production 255,000 units transferred to the next production department 275,000 materials cost added during may $ 112,900 conversion cost added during may $ 236,600 required: 1. calculate the first production department's equivalent units of production for materials and conversion for may. 2. compute the first production department's cost per equivalent unit for materials and conversion for may. 3. compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for may. 4. compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for may.
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Business, 04.10.2019 21:10, mswillm
Equivalent units of production: average cost method units of production data for the two departments of atlantic cable and wire company for july of the current fiscal year are as follows: drawing department winding department work in process, july 1 500 units, 50% completed 350 units, 30% completed completed and transferred to next processing department during july 11,400 units 10,950 units work in process, july 31 700 units, 55% completed 800 units, 25% completed each department uses the average cost method. a. determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the drawing department. whole units units equivalent units of production units b. determine the number of whole units to be accounted for and to be assigned costs and the equivalent units of production for the winding department. whole units units equivalent units of production units
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Business, 20.11.2019 21:31, bananaslada
Helix corporation uses the weighted-average method in its process costing system. it produces prefabricated flooring in a series of steps carried out in production departments. all of the material that is used in the first production department is added at the beginning of processing in that department. data for may for the first production department follow: 1. calculate the first production department's equivalent units of production for materials and conversion for may. 2. compute the first production department's cost per equivalent unit for materials and conversion for may. 3. compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for may. 4. compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for may. complete this question by entering your answers in the tabs below. calculate the first production department's equivalent units of production for materials and conversion for may.
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