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Author Question: Jansen Company uses the weighted-average method for process costing. Direct materials are added at ... (Read 93 times)

penguins

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Jansen Company uses the weighted-average method for process costing. Direct materials are added at the beginning of the process and conversion costs are uniformly applied.  Other details include:

WIP beginning (40% for conversion)22,500 units
Units started 130,000 units
Units completed and transferred out124,000 units
WIP ending (60% for conversion)28,500 units
Beginning WIP direct materials$51,900
Beginning WIP conversion costs$20,174
Costs of materials added$430,000
Costs of conversion added$310,000

Required:

A. What are the total equivalent units for direct materials?
B.  What are the total equivalent units for conversion costs?
C. What is the cost per equivalent unit for direct materials?
D. What is the cost per equivalent unit for conversion costs?
E. What is the total cost of units completed and transferred out?
F. What is the total cost of units remaining in ending WIP?


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Marked as best answer by penguins on Jan 5, 2020

whitcassie

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penguins

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Reply 2 on: Jan 5, 2020
Wow, this really help


softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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