] WileyPLUS - C O edugen.wileyplus.com/ed n.uni Return to Blackboard Principles,

Question

] WileyPLUS - C O edugen.wileyplus.com/ed n.uni Return to Blackboard Principles, 12e PRINTER VERSION BACH NEXT ASSIGNMENT RESOURCES Ch 21 E Exorcis 21-4 Exercise 21-11 (Part Level Submission) The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are entered at the beginning of the process. Production: Beginning inventory 1,660 units that are 100% complete as to materials and 30% complete as to conversion costs, units started during the period are 45,300; ending inventory of 7,700 units 10% complete as to conversion costs evel Submission) Manufacturing costs Beginning inventory costs, comprised of $22,000 of materials and $41,079 of conversion costs; materials costs added in Polishing during the month $216,557labor and overhead applied in Polishing during the month, $126,700 and $258,140, respectively Results by Study (a) Your answer is correct. Compute the equivalent units of production for materials and conversion costs for the month of September Materials Conversion Costs The equvalent units of production SHOW soLUTION Attempts: 1 of 15 used (b) Compute the unit costs for materials and conversion costs for the month. (Round unit costs to 2 decimal places, e.g.2.25) Materials Conversion Costs Unit costs Attempts: 0 of 15 used SAVE FOR LATER The parts of this question must be compieted in arder. This part ww be available when you complete the part above.

Explanation / Answer

Materials Conversion Total costs 238557 425919 Equivalent units 46960 40030 Unit costs 5.08 10.64

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