please answer question i tried to answer first part that said unit transferred to the...

90.2K

Verified Solution

Question

Accounting

please answer question i tried to answer first part that said unit transferred to the next department is6050=6200+300-450 but the teacher told me is wrong can explain to me how resolve question this isthe question in chapter 6 maraginal accounting book (cost subject ) the question given as image attached they need to fill table by using weighted average method the 1- first requirement at mixing department equivalent units of production i tryied to answer first unis transferedto the next department is6200+300-450=6060 but they said it iswrong also the ending work in process material ,conversion total equivelant units of production 2- compute cost per equivalent unit mixing departement cost per equivalent unit cost of begining work in process material ,conversion ,total cost added during the period ,total cost equivalent unitsof production cost per equivalent unit 3- assign costs ost of ending work in process inventory and the units transferred out asa table ending invetory equivalentunits of production costof ending work in process inventory unitscompleted and transferredout : units transfered to the next department cost per equivalent unit cost ofunit transfered 4- prepare reconcilliation cost reconcillation cos to be account for : cost ofbegining work in process inventory cost added to production duringthis period total cost to be accounted for ,cost to be accounted as follows : cost of endingwork in process inventory ,cost ofunits transfered out total cost accounted for
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students