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D Take a Test jessica miller Google Chrome à Secure I https//www.mathxl.com/Student/PlayerTest.aspxetestld-1798219838tcenterwin-yes ACCT 140 Managerial Accounting Test: review assessment 2 This Question: 1 pt 17 of 21 (14 complete) ? Miller's Hot Sauce uses a process costing system to determine its product's cost The last of the three processes is packaging. The EE! (Click the icon to view the reported information for July ) The units in ending work in process inventory were 70% complete with respect to direct materials but only 40% complete with resp Requirement Summarize the flow of physical units and compute output in terms of equivalent units in order to arrive at the missing igures (a) thr Month Ended July 31 Flow of Physca Transferred Direct Conversion Flow of Production Units Materials Costs Units to account for: Beginning work in process, July 1 Plus Transferred in during July Total physical units to account for 25,000 228,000 253000 Units accounted for: Completed and transferred out during July Plus Ending work in process, July 31 Total physical units accounted for 30,000 nter any number in the edit fields and then continue to the next question O Type here to search D ? @ e 53? &A; 3 4 5 6 7 8

Explanation / Answer

Physical flow of units Transferred in direct material Conversion Units to accounted for Beginning work in process 25000 Transferred in 228000 Total physical unit to accounts for 253000 Units completed for Units competed and transferred out 223000 n/a 223000 223000 Ending work in process 30000 n/a 21000 12000 Total physical units accounted for 253000 n/a 244000 235000

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