Weygandt, Financial & Managerial Accounting, 2e Helo I System Annauncements.t BA

Question

Weygandt, Financial & Managerial Accounting, 2e Helo I System Annauncements.t BACK Exercise 17-6 (Part Level Submission) The Cutting Department of Cassel Company has the folowing production and cost data for July Produetion Costs Transferred out 13,700 units. Started 4,900 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31 Beginning work in process Materials Labor Manufacturing overhead s0 60,450 29,187 20,400 2. Materials are entered at the beginning of the precess. Conversion costs are incurred uniformly during the process tudy (a) Determine the equivalent nits of production for (1) materials and (2) conversion costs Total equlvalent units of production Attemptsi O of 3 used SAVE FOR LATER The parts of this ovessos must be compieted in onder part wit be avaitsble ahen you complete the part atove (h2)

Explanation / Answer

CALCULATE EQUIVALENT UNIT :

Material conversion cost Unit transfered out 13700*100%=13700 13700*100%=13700 Ending work in process 4900*100%=4900 4900*60%=2940 Equivalent unit of production 18600 16640

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