Solved

Selected Production and Cost Data of Rivera Manufacturing Company Follow

Question 152

Essay

Selected production and cost data of Rivera Manufacturing Company follow for June:
Selected production and cost data of Rivera Manufacturing Company follow for June:    On June 30,the Mixing Department's ending Work-in-Process Inventory was 80% complete for materials and 40% complete for conversion costs.The Finishing Department's ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs.The weighted-average method is used. Requirements: 1.Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 2.Compute the equivalent units of production for transferred in costs,direct materials,and conversion costs for the Finishing Department. On June 30,the Mixing Department's ending Work-in-Process Inventory was 80% complete for materials and 40% complete for conversion costs.The Finishing Department's ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs.The weighted-average method is used.
Requirements:
1.Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department.
2.Compute the equivalent units of production for transferred in costs,direct materials,and conversion costs for the Finishing Department.

Correct Answer:

verifed

Verified

Requiremen...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions