40 number of equivalent units of conversion

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Unformatted text preview: 12.18 number of units total cost per equivalent unit Total cost of goods completed and transferred out Wang 2013 414,120 $433,640 60 Sequential Production Departments: FIFO Method Cost remaining in November 30 work-in-process inventory in the Saturating Department: Transferred-in costs: 2,000 $9.78 Conversion: 1,000 $2.40 number of equivalent units of transferred-in cost number of equivalent units of conversion transferred-in cost per equivalent unit $19,560 conversion cost per equivalent unit 2,400 Total cost of November 30 work in process Check: Cost of goods completed and transferred out Cost of November 30 work-in-process inventory Total costs accounted for $21,960 $433,640 21,960 $455,600 This has to be same as input Wang 2013 61...
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This document was uploaded on 03/06/2014.

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