For the current year a calculate the equivalent units

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for the current year: (a) Calculate the equivalent units of production for direct labor for the year. (b) Calculate the average cost per equivalent unit for direct labor (round to the nearest cent). Units % Performed EUP Beginning goods in process inventory 5,500 20% 1,100 (Jan 1) Ending goods in process Inventory 8,800 40% 3,520 (Dec 31) Units started and completed 46,900 100% 46,900 (a)Total 51,520 (b)Average Cost per equivalent unit for direct labor = 51,520/266,300= .19 Minus 2 points
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Problem # 3 ( 25 Points ) A retail store has three departments, A, B, and C, each of which has four full-time employees. The store does general advertising that benefits all departments. Advertising expense totaled $90,000 for the current year, and departmental sales were: How much advertising expense should be allocated to each department? 356,250+641,250+427,500= 1,425,000 Department A = 25% of advertising expense Department B = 45% of advertising expense Department C = 30% of advertising expense 22,500 advertising expense should be allocated to Department A 40,500 advertising expense should be allocated to Department B 27,000 advertising expense should be allocated to Department C
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