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Author Question: Outose Concept manufactures small tables in its Processing Department. Direct materials are added at ... (Read 91 times)

melly21297

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on: Mar 6, 2021
Outose Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to undetectable materials defects. Spoiled units generally constitute 3% of the good units. Data for December 2017 are as follows:

WIP, beginning inventory 12/1/201722,700 units
 Direct materials (100% complete)
 Conversion costs (80% complete)
Started during December76,300 units
Completed and transferred out 12/31/201772,100 units
WIP, ending inventory 12/31/201718,100 units
 Direct materials (100% complete)
 Conversion costs (60% complete)

Costs for December:
 WIP, beginning Inventory:
Direct materials$151,000
Conversion costs76,900
Direct materials added231,400
Conversion costs added294,000

What is the total cost per equivalent unit using the weighted-average method of process costing? (Round any cost per unit calculations to the nearest cent.)
◦ $3.86
◦ $3.69
◦ $7.90
◦ $4.04
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by melly21297 on Mar 6, 2021

dreamfighter72

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Reply #1 on: Mar 6, 2021
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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melly21297

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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