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# 8.29 - for 9,666 6,208 3,458 Cost per equivalent unit \$...

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8.29 (30 min) Cost assignment to units transferred out, spoilage, and ending inventory (using costs from exercise 8.28), weighted-average Physical units Degree of Completion Equivalent Units Flow of units Materia ls Conversi on Materi als Conversi on Units to account for: Beginning WIP 15 0 Units started 1,00 0 Total units to account for 1,15 0 Units accounted for: Completed and transferred out 75 0 100% 100% 750 750 Spoilage 10 0 100% 100% 100 100 Ending WIP 30 0 40% 20% 120 60 Total units accounted for 1,15 0 970 910 Costs to account for Total Costs Materi als Conversi on Costs in beginning WIP \$ 624 \$ 488 \$ 136 Current period costs 9,042 5,720 3,322 Total Costs to account

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Unformatted text preview: for 9,666 6,208 3,458 Cost per equivalent unit \$ 10.20 \$ 6.40 \$ 3.80 Costs assigned Total Costs Materi als Conversi on Completed and transferred out \$ 7,650 \$ 4,800 a \$ 2,850 b Spoilage 1,020 640 c 3 80 d Ending WIP 996 768 e 228 f Total costs assigned \$ 9,666 \$ 6,208 \$ 3,458 a \$4,800 = \$6.40 x 750 E.U. b \$2,850 = \$3.80 x 750 E.U. c \$640 = \$6.40 x 100 E.U. d \$380 = \$3.80 x 100 E.U. e \$768 = \$6.40 x 120 E.U. f \$228 = \$3.80 x 60 E.U. Costs for units completed and transferred out total \$7,650, spoilage costs total \$1,020, and ending inventory costs total \$996....
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8.29 - for 9,666 6,208 3,458 Cost per equivalent unit \$...

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