The Barby Doll Co. uses a process costing system. Consider the following data for Dept....
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The Barby Doll Co. uses a process costing system. Consider the following data for Dept. A. UNITS: W-1-P Nov. 1: 8,000 units, 100% completed for direct material 75% completed for conversion costs Started in November: 2? units Transferred to Dept B: 12,000 units W-1-P Nov. 30: 6,000 units, 100% completed for direct material 50% completed for conversion costs Total costs to account for $44,400 Use the WEIGHTED AVERAGE method. Show computations a. Prepare a physical unit flow reconciliation for November (assume no spoilage). b. Compute the equivalent units of production for DM and conversion. c. Compute the cost per equivalent unit for DM and conversion. d. Assign costs to units transferred out and ending work-in-process
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The Barby Doll Co. uses a process costing system. Consider the following data for Dept. A. UNITS: W-1-P Nov. 1: 8,000 units, 100% completed for direct material 75% completed for conversion costs Started in November: 2? units Transferred to Dept B: 12,000 units W-1-P Nov. 30: 6,000 units, 100% completed for direct material 50% completed for conversion costs Total costs to account for $44,400 Use the WEIGHTED AVERAGE method. Show computations a. Prepare a physical unit flow reconciliation for November (assume no spoilage). b. Compute the equivalent units of production for DM and conversion. c. Compute the cost per equivalent unit for DM and conversion. d. Assign costs to units transferred out and ending work-in-process 