80.2K

Verified Solution

Link Copied!

I JUST NEED ANSWERS NO WORK THANK YOU!!!

Question 1 of 4 > - / 25 View Pollides Current Attempt in Progress Than Industries Inc manufactures dorm furniture in separate processes. In each process, materials are entered at the bepinning and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data--July T12-Tables Work in process units, July 1 0 Units started into production 23,600 Work in process units, July 31 3,540 Work in process percent complete 00 Cost Data - July Work in process. July 1 Materials Labor Overhead Total $0 448400 276.592 122.720 $847,712 Part 1 Compute the physical units of production T12 Tables Units to be accounted for tor Attems of used Sutral Anan Part 2 Compute nuivalent units of production for materials and for conversion costs Me Convention Cons TO Part 1 Compute the physical units of production T12 Tables Units to be accounted for Save for Later Attempts: 0 of 1 used Submit Auswer Part 2 Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables Save for Later Attempts of used Submit Answer Part 3 Determine the unit costs of production Materials Conversion Costs Total Costs Unit costs T12 Tables $ $ Attempts: 0 of 1 used Submit Anar Question 1 of 4 -/25 E Part 4 Show the assignment of costs to units transferred out and in process. T12 Tables $ Costs accounted for: Transferred out Work in process Materials $ Conversion costs Total costs Save for Mer Attempts: 0 of 1 used Submit Answer Part 5 Prepare the production cost report for July 2020 THAKIN INDUSTRIES INC. Cutting Department Plant 1 Production Cost Report For the Month Ended July 31, 2020 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, July 1 Started into production Total units "P Assessment Player UI AL X + wiley.com/wa/ul/V2/assessment-player/index.html?launchid=8ca745ca-0666-4175-9072-835305f62a54/question/ Q Question 1 of 4 > -/25 Sccounted for Transferred out Work in process, July 31 Total units Materials Conversion Costs Tot Costs Unit costs Total Costs Equivalent units 5 Unit costs 5 Costs to be sccounted for Work in process, July 1 Started into production Total costs 5 Cost Reconciliation Schedule Costs accounted for Transferred cut Work in process, July 31 Materials Conversion costs MacBook Air - /25 Question 1 of 4 Conversion Costs Tot Materials Costs Unit costs $ Total Costs Equivalent units $ Unit costs Costs to be accounted for Work in process, July Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred Out Workin process, July 31 Materials Conversion Total costs Store Attempts: 0 of 1 used Sub Arwer MacBook Air ga 80 F3 808 Fa Dil FB DD FO F7 NO FM

Answer & Explanation Solved by verified expert

See Answer