20 acct questions 2
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(a)
The Cutting Department of Crane Company has the following production and cost data for July.
Production Costs
1. Completed and transferred out 15,120 units. Beginning work in process
$0
2.
3,780 units in ending working in process are 60% complete as to conversion costs and 100% complete as to materials at July 31.
Direct materials 94,500
Direct labor 20,412
Manufacturing overhead 23,058
Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.
Determine the equivalent units of production for (1) materials and (2) conversion costs.
Materials Conversion Costs
Total equivalent units of production
221 Final Exam Ch 14-27
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(b1)
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(b2)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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221 Final Exam Ch 14-27
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