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 11 Aug 2017 My Price 13.00

Badgersize Company

Badgersize Company has the following information for its Forming Department for the month of August:

 

     
Work in Process Inventory, August 1: 20,000 units    
Direct materials: 100% complete $ 80,000
Conversion: 20% complete   24,000
 
Balance in work in process, August 1 $ 104,000
Units started during August   53,000
Units completed and transferred in August   57,000
Work in process (70% complete), August 31   ?
Costs charged to Work in Process in August    
Direct materials $ 127,000
Conversion costs:    
Direct labor $ 117,000
Overhead applied   140,000
 
Total conversion $ 257,000
 

 

Assume materials are added at the start of processing.

 

a.

Calculate the equivalent units for the Forming Department for the month of August.

 

  Direct materials Conversion
Equivalent units    

 

b.

Find the cost per equivalent unit of the transferred units. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)

 

  Direct materials Conversion
Cost per equivalent unit $ $

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 11:08 PM My Price 13.00

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