Pet products manufactures dry dog food. The followinginformation pertains to the
ID: 2433311 • Letter: P
Question
Pet products manufactures dry dog food. The followinginformation pertains to the month of feb. Beginning WIP 5,000 lbs started production 6,000 completed 4,000 End work in process 7,000( 60% complete as to materials,40% complete as to conversion costs) Cost in beginning WIP Direct marerial 10,000 conversion cost 2,460 Cost incurred during feb direct material 5,990 conversion cost 4,000 Pet products usus a process system to value itsinventories A. computer the cost per equivalent unit of materials B. Compute the cost per equivalennt for conversion C. Compute the value of ending WIP D. Compute the value of the units completed. Pet products manufactures dry dog food. The followinginformation pertains to the month of feb. Beginning WIP 5,000 lbs started production 6,000 completed 4,000 End work in process 7,000( 60% complete as to materials,40% complete as to conversion costs) Cost in beginning WIP Direct marerial 10,000 conversion cost 2,460 Cost incurred during feb direct material 5,990 conversion cost 4,000 Pet products usus a process system to value itsinventories A. computer the cost per equivalent unit of materials B. Compute the cost per equivalennt for conversion C. Compute the value of ending WIP D. Compute the value of the units completed.Explanation / Answer
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