CHAPTER 20 HELPFUL

CHAPTER 20 HELPFUL - Exercise 20-5 1 Units in beginning...

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Exercise 20-5 1. Units in beginning inventory ........................................ $ Units started and completed ........................................ $ ACCOUNTOUNTOUN Total units transferred to finished goods ................... $ ACCOUNT ACCOUNT 2. Equivalent units of production – weighted average Equivalent Units of Production Direct Materials Direct Materials Units completed & transferred out ( x %) ……… Units of ending goods in process Direct Materials ( x %) …………… ACCOUNTINGABAABAB Direct Labor ( x %) ………………….. ACCOUNTINGABAABAB Equivalent Units of Production ACCOUNTING ACCOUNTING ACCOUNTING ACCOUNTI Exercise 20-6 Cost per equivalent unit Direct Materials Direct labor Costs of beginning goods in process …………………………… $ $ Costs incurred this period ……………………………………… $ $ Total costs……………………………………………… $ $ Equivalent units of production ÷ ÷ ÷ Cost per equivalent unit of production ACCOUNTING per EUP ACCOUNTING per EUP Cost Assignment and Reconciliation-weighed average Direct Materials Direct labor
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