Alpha Geek

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    Polytechnic State University Sanluis
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    Polytechnic State University
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Category > Accounting Posted 02 Jun 2017 My Price 5.00

On July 1 beginning inventories 850 units

On July 1 beginning inventories 850 units, 60%

Direct Materials Cost $5,000

Conversion Cost $4,000

During July

Number of units started $15,000

Direct Materials added $155,000

Conversion cost added $83,520

On July 31

Ending inventories 1600 units, 40% complete

using the FIFO method, the cost per equivalent unit for materials used during July was

a 10.78

b 10.33

c 9.78

d 10.65

Answers

Alpha Geek
(8)
Status NEW Posted 02 Jun 2017 09:06 AM My Price 5.00

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Attachments

file 1496394310-434310_1_636319103843222260_Equivalent-production-FIFO.xlsx preview (58 words )
ST-----------ATE-----------MEN-----------T O-----------F E-----------QUI-----------VAL-----------ENT----------- PR-----------ODU-----------CTI-----------ON -----------(WE-----------IGH-----------TED----------- AV-----------ERA-----------GE -----------BAS-----------IS)-----------INP-----------UTU-----------NIT-----------SOU-----------TPU-----------TOp-----------eni-----------ng -----------WIP-----------Fre-----------sh -----------inp-----------utC-----------omp-----------let-----------edC-----------los-----------ing----------- WI-----------PTO-----------TAL-----------STA-----------TEM-----------ENT----------- OF----------- CO-----------STE-----------lem-----------ent-----------cos-----------teq-----------uiv-----------ale-----------nt -----------uni-----------tsc-----------ost----------- pe-----------r e-----------q. -----------uni-----------tEV-----------ALU-----------ATI-----------ONC-----------OMP-----------LET-----------ED -----------UNI-----------TSW-----------IPC-----------omp-----------let-----------ed -----------fro-----------m O-----------P W-----------IPC-----------omp-----------let-----------ed -----------fro-----------m f-----------res-----------h i-----------npu-----------tST-----------ATE-----------MEN-----------T O-----------F E-----------QUI-----------VAL-----------ENT----------- PR-----------ODU-----------CTI-----------ON -----------(FI-----------FO -----------BAS-----------IS)-----------EQ.----------- UN-----------ITS----------- MI-----------XIN-----------GEQ----------- UN-----------ITS----------- BL-----------END-----------ING-----------mix-----------ing----------- co-----------stb-----------len-----------din-----------g c-----------ost-----------ANS-----------WER----------- 1m-----------ate-----------ria-----------l c-----------ost-----------Equ-----------iva-----------len-----------t u-----------nit-----------sMA-----------TER-----------IAL----------- CO-----------ST -----------PER----------- EQ-----------UIV-----------ALE-----------NT -----------UNI-----------TEQ-----------.
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