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becky28 becky28
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A year ago
Morgan Company reported the following data for the operations of its Mixing Department for the month of July.

Costs
UnitsMaterialsConversion
Beginning Work in Process200$1,120$7,488
(90% complete with respect to material)
(40% complete with respect to conversion)
Started into production15,000$32,000$360,000
Transferred out13,600
Ending Work in Process1,600
(50% with respect to materials)
(30% with respect to conversion)

Required:

a.Calculate the equivalent units of production for materials and conversion costs.
b.Determine the cost per equivalent unit for materials and conversion costs.
c.Determine the cost of units transferred out of the Mixing Department during the
period.
d.Determine the cost of ending work in process Inventory in the Mixing Department.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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dreamkheidreamkhei
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A year ago
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