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Monday, October 26, 2015

Podsednik Company has gathered the following information

ACC 560 Week 2 Assignment

E3-9 Podsednik Company has gathered the following information.

Units in beginning work in process -0-
Units started into production 36,000
Units in ending work in process 6,000

Percent complete in ending work in process:
Conversion costs 40%
Materials 100%

Costs incurred:
Direct materials $72,000
Direct labor $81,000
Overhead $97,200

Required:
1. Compute equivalent units of production for materials and for conversion costs.
2. Determine the unit costs of production.

Click here for the solution: Podsednik Company has gathered the following information