Solution-Materials are entered at the beginning of the

Materials are entered at the beginning of the process

Reference no: EM131810238

Exercise 17-6 The Cutting Department of Cassel Company has the following production and cost data for July.

Production			Costs
1.	Transferred out 13,000 units.	Beginning work in process	$0
2.	Started 4,600 units that are 60%	Materials	68,816
complete as to conversion	Labor	11,472
costs and 100% complete as	Manufacturing overhead	23,200
to materials at July 31.

Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process.

Determine the equivalent units of production for (1) materials and (2) conversion costs.

Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.)

Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.)

Reference no: EM131810238

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Materials are entered at the beginning of the process

Reference no: EM131810238

Reference no: EM131810238

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