Equivalent Units CalculationsFIFO Method Ferris Corporation makes a powdered rug shampoo in two...
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Equivalent Units CalculationsFIFO Method
Ferris Corporation makes a powdered rug shampoo in two sequential departments, Compounding and Drying. Materials are added at the beginning of the process in the Compounding Department. Conversion costs are added evenly throughout each process. Ferris uses the FIFO method of process costing. In the Compounding Department, beginning work in process was 6,000 pounds (70% processed), 38,000 pounds were started in process, 36,000 pounds transferred out, and ending work in process was 60% processed.
Calculate equivalent units for the Compounding Department for March 2019.
on 1 Not complete Mark 6.00 out of 18.00 P Flag question valent Units Calculations-FIFO Method is Corporation makes a powdered rug shampoo in two sequential departments, alculate equivalent units for the Compounding Department for March 2019. Conver Cost Ferris Company Flow of Units and Equivalent Units Calculation, March 2019 Equivalent Units Direct % in March Materials March Complete Transferred Beginning inventory 6,000 096 0 30.96 Started & completed OX 096 OX 096 x Ending inventory OX 0% X OX 60% Total 0 x 1,8 OX Check You have correctly selected 6. esc 80 F3 74 DO 55 @
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