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Discuss process-assembly department for may

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Reference no: EM131818217

The debits to Work in Process-Assembly Department for May, together with data concerning production, are as follows:

May 1, work in process:  
  Materials cost, 3,000 units

mce_markernbsp; 8,000
  Conversion costs, 3,000 units, 66.7% completed

6,000
  Materials added during May, 10,000 units

30,000
  Conversion costs during May

31,000
  Goods finished during May, 11,500 units

0
  May 31 work in process, 1,500 units, 50% completed
 0

All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit for May is

Reference no: EM131818217

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