Reference no: EM132969112
Problem 1 - Using weighted average method, compute for EUP In process, August 1 (3/4 completed) 6,000 units
Started in process 15,000 units
Finished and transferred 12,000 units
In process, August 31 (1/3 completed) 9,000 units
1. Compute for EUP using weighted average method?
Problem 2 - Assume the following cost data in continuation of Problem 1.
Work in process, August 1:
Materials 2,400
Labor 1,800
Overhead 1,200
Current costs incurred
Materials 9,600
Labor 4,200
Overhead 3,300
2. Compute for the material unit cost.
3. Compute for the labor unit cost.
4. Compute for the overhead unit cost.
5. Compute for the cost of In-process beginning.
6. Compute for the total cost of completed and transferred.
7. Compute for the cost of In-process ending.
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