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ACCT 344 Week 2 Homework......................(ACCT 344 Cost Accounting - DeVry)

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1. Questions: Kali Manufacturing Inc. began the year with the following. Beginning work-in-process 20,000 20% completeTransferred to finished goods 60,000;Ending inventory 10,000 70% complete;Materials added at the beginning of the process;Required: Calculate the equivalent units for;a. material costs under the weighted average process cost method;b. conversion costs under the weighted average process cost method;c. material costs under the FIFO process cost method, and;d. conversion costs under the FIFO process cost method.;2. Questions: Glass Company manufactures a product through a continuous single-step process. All materials are added at the beginning of processing. Production and cost data for the company for the current month are as follows??????????Required Prepare a cost of production report for current month. Use Weighted Average process costing.

 

Paper#80276 | Written in 18-Jul-2015

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