Shopping Cart
Your shopping cart is empty!

ACCT 346 Week 3 Homework Assignment Updated

ACCT 346 Week 3 Homework Assignment Updated
Model:Recent
Price: $10.00 $5.00
Qty:   Check out
This Tutorial was Purchased: 10  Times   & Rated: A+ by student like you.

attachments This Tutorial contains following Attachments:

  • ACCT 346 Week 3 Homework Assignment.xlsx
ACCT 346 Week 3 Homework Assignment
 
Beginning WIP inventory is 15,500 units, 75% complete for materials. During the month, 90,000 units were started; 87,000 were finished; and ending WIP was 18,500 units that were 50% complete for materials.
 
How many equivalent units should be used to allocate costs for materials? (Assume that the weighted average method is used, not FIFO.)
 
 
2.  During a period, 38,200 units were completed and 4,200 units were in ending WIP inventory. Ending WIP was 75% complete for direct materials and 50% complete for conversion costs.
 
2a. What are the equivalent units for direct materials?
 
 
Completed Units $38,200 $38,200
Ending Units $4200 (75% complete) $3,150
All Units $42,400 $41,350 Direct Materials  Equivalent Units
 
 
2b. What are the equivalent units for conversion costs?

Write a review

Your Name:


Your Review: Note: HTML is not translated!

A   B   C   D   F  

Enter the code in the box below: