Show me the steps to solve A company manufactures a liquid product called Crystal. The basic ingredients are put Department
Unit output for month:
Finished and transferred
Equivalent units of work in process
Total
a Unit cost for month:
Materials
Labor
Factory overhead
Total
b Cost of units finished and transferred:
Cost in Dept.
Cost in Dept.
Total
c Cost of work in process, end of month:
Cost in Dept.
Cost in Dept. :
Materials
Labor
Factory overhead
Total
Calculation of adjusted unit cost:
Cost of units transferred from Dept.
Units transferred from Dept.
Units added
New quantity
into process in Department In Department other materials are added that increase
the number of units being processed by The factory has only two departments.
Calculate the following for each department: a unit cost for the month for materials,
labor, and factory overhead, b cost of the units transferred, and c cost of the ending
work in process.Exercise
b Cost of units finished and transferred
c Cost of work in process, end of month:
Materials
Labor
Factory overhead
Total
