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Management Chapter 3 Current period costs Ending work in process
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March 15, 2023
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Problem 3-34
Name:
Enter the appropriate nu
mbers/f
ormulas in the shaded (gray
) cells.
An asterisk (*) will appear in the
column to the right of an incorrect answer.
A
.
Beginning
units
5,000
B.
Percent x
Units
Beginning
W
IP
20% 5,000
1,000
Percent x
Units
Ending W
IP
40% 10,000
4,000
Units started and completed in March:
C.
Current
Total
Cost per
Period
Equivalent Equivalent
/
=
Units completed in M
arch:
Equivalent
Units
Equivalent units completed in M
arch:
Instructor
D.
Equivalent
Cost per
Cost of
Units in
Equivalent
Ending WIP
Ending Inv.
Unit
Inventory
E.
Beginning
work in process
60,000
$
Cost of goods manuf
actured:
x
=