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Sagot :
Answer:
Equivalent units of materials, labor, and overhead
Materials
Units in Ending Work in Progress (2,600 × 80%) = 2,080
Labor
Units in Ending Work in Progress (2,600 × 60%) = 1,560
Overhead
Units in Ending Work in Progress (2,600 × 60%) = 1,560
Cost of ending work in process inventory for materials, labor, overhead
Materials
Cost = Equivalent units × unit cost
= 2,080 × $ 13.70
= $28,496
Labor
Cost = Equivalent units × unit cost
= 1,560 × $4.70
= $7,332
Overheads
Cost = Equivalent units × unit cost
= 1,560 × $ 7.40
= $11,544
Cost of the units transferred to the next department
Materials = $28,496
Labour = $7,332
Overheads = $11,544
Total = $47,372
Cost reconciliation for January
INPUTS
Beginning Cost + Cost Added $720,752
Total $720,752
OUTPUT
Ending Work in Process $47,372
Completed and Transferred ( 26,100 × 25.80) $673,380
Total $720,752
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