AC505 Chap 4 Hmwk Solutions - Chapter4...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 4 Systems Design: Process Costing Exercise 4-2  (10 minutes) Weighted-Average Method Equivalent Units (EU) Materials Conversion Units transferred out. ....................... 190,000 190,000 Work in process, ending: 15,000 units × 80%. ...................... 12,000 15,000 units × 40%. ......................                             6,000     Equivalent units of production. ........ 202,000 196,000 Exercise 4-3  (10 minutes) Weighted-Average Method 1. Materials Labor Overhead Cost of beginning work in process  inventory. ..................................... $ 18,000 $  5,500 $ 27,500 Cost added during the period. ........   238,900       80,300       401,500     Total cost (a). .................................. $256,900 $85,800 $429,000 Equivalent units of production (b). .. 35,000 33,000 33,000 Cost per equivalent unit (a) ÷ (b). ... $7.34 $2.60 $13.00 2. Cost per equivalent unit for materials.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

AC505 Chap 4 Hmwk Solutions - Chapter4...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online