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Chapter 17 homework eBook Cost of Units Completed and in Process at the beginning...

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Accounting

Chapter 17 homework
eBook
Cost of Units Completed and in Process at the beginning of production.
Work in Process-Assembly Department
\table[[Bal.,30,000 units, 40% completed,1,075,500,To Finished Goods, 406,000 units],[Direct materials, 400,000 units @ $11.25,4,500,000,],[Direct labor,4,012,000,],[Factory overhead,20,060,000,],[Bal.,? units, 30% completed,?,]]
Cost per equivalent units of $11.25 for Direct Materials and $60.00 for Conversion Costs.
a. Based on the above data, determine the different costs listed below.
Cost of beginning work in process inventory completed this period
Cost of units transferred to finished goods during the period
Cost of ending work in process inventory
Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.)
b. Did the production costs change from the preceding period? same for the current period?
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