Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 4.00

Kelly Company

3-4 

DO IT!

 

In March, Kelly Company had the following unit production costs: materials

$10 and conversion costs $8. On March 1, it had zero work in process. During March, Kelly transferred out 22,000 units. As of March 31, 4,000 units that were 40% complete as to conversion costs and 100% complete as to materials were in ending work in process.

 

(a)  Compute the total units to be accounted for.

 

(b)  Compute the equivalent units of production.

 

(c)   Prepare a cost reconciliation schedule, including the costs of materials transferred out and the costs of materials in process.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXERCISES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Answers

(5)
Status NEW Posted 17 Aug 2017 04:08 PM My Price 4.00

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