Unformatted text preview: Conversion Costs Totals Chemical P Chemical Q Costs Total costs to account for $455,000 $250,000 $70,000 $135,000 Divide by equivalent units n/a 50,000 35,000 45,000 Equivalent unit costs n/a $5.00 $2.00 $3.00 Conversion Assignment of Costs Totals Chemical P Chemical Q Costs Completed & transferred out $350,000 $175,000 $70,000 $105,000 Ending work-in-process $105,000 $75,000 $- $30,000 Total costs accounted for $455,000 $250,000 $70,000 $135,000 Chemical Q is added at the three-fourths stage of conversion cost completion in the department. Your IF formula should result in 0% or 100% as appropriate for the current conversion cost completion %. Physical Units Conversion Costs Help / Self Assessment Custom Menu Same features as PICA menu command. Click to use. Formal Assessment...
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This note was uploaded on 08/10/2009 for the course ACCT 2012 taught by Professor Frost during the Two '08 term at University of Sydney.
- Two '08