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Luz Cen en 02 O Not secure | v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.d... Q Ch. 17 Exam The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.60 and $0.20, respectively. The equivalent units to be assigned costs are as follows Direct Materials Conversion 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 $3,510. Determine the cost of completed and transferred out production, and the ending work in process inventory 0 2,910 51,950 51,950 1,950 54,860 3,480 2,600 57,460 55,430 Completed and transferred out production Inventory in process, ending Previous Next me Remaining: 2:20-54 All work saved Oo

Explanation / Answer

Cost of completed and transferred out production, and the ending work in process inventory. Direct Material Conversion Total Inventory in process, balance 3510 Inventory in process, beginning of period 0 2910 .20 582 Started and completed during the period 51950 0.60 51950 0.20 41560 Transferred out of Bottling (completed) 45652 Inventory in process, end of period 3480 0.60 2600 0.20 2608 Total units to be assigned costs 48260 Completed and transferred out production 45652 Inventory in process, ending 2608

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