Equivalent Units and Related Costs: Cost of Production Report; Entries Dover Che
ID: 2601970 • Letter: E
Question
Equivalent Units and Related Costs: Cost of Production Report; Entries Dover Chemicall Company manufactures specialty chemicals by a series of three processes, all materials being intraduced in the Distilling Department. From the Distilling Department, the materials pass through the Reaction and Filling departments, emerging as finished chemicals. The balance in the acount Work in Process Filling was as ows an anuary1 Work in Process-Filling Department (4,700 units, 30% completed): $51,700 10,011 $61,711 Direct materlals (4,700 x $11) Conversion (4,700 x 30% x $7.1) The following costs were charged to Work in Process-Filling during January Direct materials transferred from Reaction Department: 60,600 units at $10.7 a unit Direct labor Factory overhead During January,60,100 units of specialty chemicals were completed. Work in Process-Filling Department on January 31 was 5,200 units, 90% completed. $648,420 239,160 229,778Explanation / Answer
Unit information:
WIP beginning units 4,700 Received from reaction department 60,600 Units accounted for by 65,300Related Questions
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