Smith Company manufactures a product that goes through two departments prior to completion. ing Departmene,...
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Smith Company manufactures a product that goes through two departments prior to completion. ing Departmene, during March: beginning work-in-process inventory and cost added during the month were as omplete beginning WIP inventory = Units in beg. WIP (100%% completion of beg equivalent unit = Costs added during the period/EU of production liculate the units started and completed during March. (2 marks) Stacted in production completed 2transfurled out 950000460000 iculate the equivalent units of production for materials and conversion costs Calculate the cost per equivalent unit for materials and conversion costs Cost of 0 Materials Coyt adoled dug mall 1 42 (a. Total coat to bi Cost per equivalent unit production 10270 Calculate the costs to complete the units in beginning inventory ( 2 mar Materi Cost to complete units in beginning inventory culate the total costs of the units completed and transferred to cost of units completed and transferred
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