please solve thank you STANIE PRINTER VERSION 4 BACK...
50.1K
Verified Solution
Link Copied!
Question
Accounting
please solve
thank you
STANIE PRINTER VERSION 4 BACK NEXT Question 42 The ledger of Platt Company has the following work in process account: Work in Process --Painting 3/1 Balance $3,080 Transferred out $? 3/31 Materials 7,680 3/31 Labour 2,230 3/31 Overhead 1,384 3/31 Balance 2 3/31 Production records show that there were 700 units in the beginning inventory, 30% complete, 1,200 units started, and 1,400 units transferred out. The unitsin ending Inventory were 40% complete. Materials are entered at the beginning of the painting process. Platt uses the FIFO method to calculate equivalent units. How many units are in process at March 317 Work in process, March 31 units What is the unit materials cost for March? (Round unit cost to 2 decimal places, ... 15.25.) Unit cost What is the unit conversion cost for March (Round unit cost to 2 decimal places, e.g. 15.25.) Unit cost $ What is the total cost of units started in February and completed in March? Total cost
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!