Problem2 - Exam 1 Problem 2 A Calculate Equivalent Units...

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Exam 1 Problem 2 Wilfredo De Leon Accounting 2 A. Calculate Equivalent Units 10,000 150,000 20,000 170,000 Units Material Conversion Beginning inventory 10,000 100% 30% Started into Production 170,000 Completed and Transferred out 160,000 100% 100% Ending Inventory 20,000 100% 40% B. Cost per Equivalent Units for June Material Conversion Total $160,000.00 $160,000.00 $20,000.00 $8,000.00 $180,000.00 $168,000.00 Material Conversion $11,800.00 $7,800.00 $19,600.00 $139,400.00 $244,200.00 $383,600.00 $151,200.00 $252,000.00 $403,200.00 $180,000.00 $168,000.00 $0.84 $1.50 C. Applying Cost to Units Material Conversion Total Material $20,000.00 Conversion $8,000.00 Equivalent Units $20,000.00 $8,000.00 Cost per Equivalent Unit $0.84 $1.50 $16,800.00 $12,000.00 $28,800.00 Material Conversion Total Beginning Inventory $10,000.00 $10,000.00 $10,000.00 Started and Completed $150,000.00 $170,000.00 $170,000.00 Completed and Transferred out $160,000.00 $180,000.00 $180,000.00 Cost per Equivalent Unit
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This note was uploaded on 10/30/2010 for the course FINANCE Excel taught by Professor Vahn during the Spring '10 term at City College of San Francisco.

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Problem2 - Exam 1 Problem 2 A Calculate Equivalent Units...

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