ACC 349- E3-5 In Kagan Company, materials are entered at the beginning of each process .E3-9 Cederholm Company
Question # 00062291
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Updated on: 04/20/2015 07:42 AM Due on: 07/29/2015
E3-5
In Kagan Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and production data for its Sterilizing Department in selected months during 2011 are as follows.
E3-9
| Cederholm Company has gathered the following information. | ||||||
| Units in beginning work in process | -0- | |||||
| Units started into production | 36000 | |||||
| Units in ending work in process | 6000 | |||||
| Percent complete in ending work in process: | ||||||
| Conversion costs | 40% | |||||
| Materials | 100% | |||||
| Costs incurred: | ||||||
| Direct materials | 72,000 | |||||
| Direct labor | 81,000 | |||||
| Overhead | 97,200 | |||||
| Compute equivalent units of production for materials and for conversion costs. |
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Solution: ACC 349- E3-5 In Kagan Company, materials are entered at the beginning of each process .E3-9 Cederholm Company