An asterisk (*) will appear to the right of an incorrect entry.
a. and b.
Equivalent
Percent Units of
Complete Whole Units Production
Units to be accounted for:
Beginning work in process
Units started during the period
Total
Units to be assigned costs:
Transferred to finished goods
Inventory in process, ending
Total units
c.
Cost per equivalent unit:
Total production costs
Divided by total equivalent units (from above)
Cost per equivalent unit
d.
Cost of units transferred to Finished Goods:
Units transferred
x Cost per equivalent unit
Cost of units transferred
e.
Cost of units in ending Work in Process:
Equivalent units in process, ending (from above)
x Cost per equivalent unit
Cost of units remaining in process
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Exercise 20-26
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
Enter a zero in cells you would otherwise leave blank.
a. and b.
Equivalent
Percent Units of
Complete Whole Units Production
Units to be accounted for:
Beginning work in process 900
Units started during the period 8,400
c.
Cost per equivalent unit:
Total production costs 61,740$
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Instructions
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Exercise 20-26
Name:
Solution
Section: