Maurice Tutor

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

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Category > Accounting Posted 11 Aug 2017 My Price 4.00

Mountain Springs Water Company

The cost per equivalent units of direct materials and conversion in the Bottling Department of Mountain Springs Water Company is $.45 and $ .12, respectively. The equivalent units to be assigned costs are as follows.

Direct Materials Conversions

Inventory in process, beginning of period 0 3,500

Started abd cimpleted during the period 57,000 57,000

Transferred out of Bottling (completed) 57,000 60,000

Inventory in process, end of period 3,500 1,800

Total units to be assigned costs 60,500 62,300

The beginning work in process inventory had a cost of $2,200. Determine the cost of completed and transferred out production, and the ending work in process inventory.

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 02:08 PM My Price 4.00

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