Solution-What is the cost of units completed and

What is the cost of units completed and transferred out

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Question - At the end of the month, Herbicide calculated equivalent units of production in the Mixing Department as shown below:

UNITS		Equivalent Units	Equivalent Units
Units accounted for		Direct Materials Costs	Conversion Costs
Completed and transferred out	33,000	33,000	33,000
Ending work-in-process	5,000	5,000	3,000
	38,000	38,000	36,000

The cost per equivalent unit of production using the weighted-average method is $3 for direct material costs and $2 for conversion costs. What is the cost of units completed and transferred out?

Reference no: EM133172354

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What is the cost of units completed and transferred out

Reference no: EM133172354

Reference no: EM133172354

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