Search the web.. ect s* then &, and drag to the Favorites Bar foider. Or import

Question

Search the web.. ect s* then &, and drag to the Favorites Bar foider. Or import trom another browsers. Import favorites 12 Homework Help Save manufactures snow ss. During the most recent accounting period, the company's finishing department Fanning Ski Company transferred 4,300 sets of skis complete. Total product costs for the finishing department amounted to 319,300 s to finished goods. At the end of the accounting period, 450 sets of skis were estimated to be 60 percent Required a. Determine the cost per equivalent b. Determine the cost of the goods transterred out of the finishing department c. Determine the cost of the finishing department's ending work in process inventory a Cast per equivalent un b ?Alocation to SNshed gada Allocation to ending inventary esa re to search DOLL F9 F1112PriSe 8 5 6 8 9 0

Explanation / Answer

Equivalent unit = 4300+(450*60%) = 4570 units

a) Cost per equivalent unit = 319900/4570 = 70 per equivalent unit

b) Allocation to finished goods = 4300*70 = 301000

c) Allocation to ending inventory = 450*60%*70 = 18900

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.