What are the total costs to be accounted for on the production cost report for Department #2 for the period?
The debits to Work-in-Process for Department #2 for the month of April of the current year, together with information concerning production, are presented below. All direct materials come from Department #1. The units completed include the 1,200 in process at the beginning of the period. Department #2 uses FIFO costing.;WORK-IN-PROCESS ? DEPARTMENT #2;1,200 units, ? completed;From Dept. 1, 6,000 units 3,600;Direct Labor 8,000;Factory OH 4,800;1,000 units, ? complete ????;($1,200 Product X,6,200 units ????)outgoing;What are the total costs to be accounted for on the production cost report for Department #2 for the period?;Determine the equivalent units of production for conversion costs.;The conversion costs per equivalent units is?;The cost of the ending Work-in-Process Inventory is?
Paper#27337 | Written in 18-Jul-2015Price : $40