.ll Verizon LTE 10:28 PM 55% v2.cengagenow.com Cengage CengageNowy2 l Onlin Ceng

Question

.ll Verizon LTE 10:28 PM 55% v2.cengagenow.com Cengage CengageNowy2 l Onlin CengageNowy2 1 Online t Cost Of Units Transferred". hapter 18 Homework Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Bottling Department of Rocky Springs Beverage Company are $2.25 and2.9, respectively. The equivalent units to be assigned costs are as follows Equivalent Units Direct Materials Inventory in process, beginning of period Started and completed during the period Transferred out of Bottling (completed) Inventory in process, end of period Total units to be assigned costs The beginning work in process inventory had a cost of $2,140. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar Completed and transferred-out production Inventory in process, ending Conversion 3,200 63,000 66,200 1,800 68,000 63,000 63,000 3,000 66,000 335,870 V Feedback Check My Work The assumption would be that units that had been in beginning work in process would have been the first units completed in the department. How much cost is associated with those beginning work in process units? How many units were both started and completed during the period? How much cost is associated with the started and completed units? How many units were started in the period but are still in work in process? How much cost is associated with these ending work in process units? Learning Objective 2 Check My Work Previous Assignment Score: 77.27% Email Instructor Save and Exit Submit Assignment for Grading

Explanation / Answer

Inventory in process ending=(3000*2.25)+(1800*2.9)= $11970

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

---

---

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