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Olomana furniture manufactures file cabinets that are purchased by local businesses. Cabinets are produced in two processing departments, fabricating and assembly. In the fabricating department, all the direct materials are added at the beginning of the process, overhead is applied evenly throughout information: the entire process. Qlomana uses process costing and had the following cost and production Assembly Department Materials Transferred in from Fabricating... $15,000 New Materials for Assembly Department.. 12,000 Direct Labor... 19,900 Manufacturing Overhead applied. 14,200 Units in beginning work in process. 200 Units started during January.. 700 Units completed and transferred out. 60 At the beginning of January, units beginning in work in process in the fabricating department were 60% complete; while units in the ending work in process in the assembly department were 80% complete.
Questions:
Problem 1: Calculate the number of equivalent units produced for the assembly department during January.
Problem 2: Calculate the cost per equivalent for assembly department during January.
Problem 3: Based on the equivalent units, what were the total cost of producing a cabinet in January?
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