Q20: Data for the Packaging Department for the period is as follows: Units transferred out...
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Q20: Data for the Packaging Department for the period is as follows: Units transferred out of the department during the period, 800; Units in ending Work in Process, 200, Direct Materials 100% Complete, Conversion Costs 50% Complete. The cost per equivalent unit for direct materials is $8.00; and for conversion costs is $22.80. What is the total cost of materials in the ending inventory? Explain how you computed this amount.
Q21: Data for the Packaging Department for the period is as follows: Units transferred out of the department during the period, 800; Units in ending Work in Process, 200, Direct Materials 100% Complete, Conversion Costs 50% Complete. The cost per equivalent unit for direct materials is $8.00; and for conversion costs is $22.80. What is the total cost of conversion in the ending inventory? Explain how you computed this amount.
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