Question Details

(Solved by Expert Tutors) The following information concerns production in the Forging Department


into the process at the beginning of production, and conversion costs are incurred evenly throughout the process. The beginning inventory consists of $86,250 of direct materials.Debit Credit DebitJune 1 Bal.,7,500 units, 60% completed 98,85030 Direct materials, 68,000 units761,6000 860,45030 Direct labor 83,380 943,83030 Factory overhead 117,300 1,061,13030 Goods transferred, ?units ?30 Bal., 6,000 units, 70% completed ?a. Determine the number of units transferred to the next department 69500 unitsb. Determine the costs per equivalent unit of direct materials and conversion. Enter your answer to two decimal places. For example, $8.647 would be entered as 8.65 and 85 cents would be entered as 0.85.Cost of equivalent unit of direct materials: $11.2Cost of equivalent unit of conversion: $2.9c. Determine the cost of units started and completed in June.$

 


Solution details:

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Apr 19, 2020

EXPERT

Tutor

ANSWER RATING

YES, THIS IS LEGAL

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.

Order Now