Question

Exercise 4-12 Equivalent Units: Assigning Costs Cost Reconciliation Weighted Average Method (L04-2, L04 4. L04-5) Superior Micro Products uses the weighted average method in its process costing system. During January, the Delta Assembly Department completed its processing of 25.100 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $687312 in total. The ending work in process inventory in January consisted of 3,600 unts which were 70% complete with respect to materials and 50% complete with respect to labor and overhead The costs per equivalent unit for the month were as follows: Cost per equivalent Material Labor Overhead $13.10 $4.50 $7.60 Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month 2. Compute the cost of ending work in process inventory for materials, labot overhead, and in total for January 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January 4. Prepare a cost reconciliation for January (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month) Complete this question by bring your answers in the tabs Required 2 Required Compute the cost of the tree to the next department for more and into forary < Prey Ned

Answer 1

Required) сориле 4w eqа?valiм алу дале з Ресе алдрыя, але ovogload ending wolke process hvertoly for the month. и се Чи 18to gir matecial 2 Laboon ovelhead e(Ofocelod uk-. 2520 units I goo За (зюows x 10%) cзьооцвіѕx Sp% (зоо шASxso°4) the nor of curies of ending wolk-In- plocess = 3600 cunit Made gicel completed = 70%. Lubos Loverhead completed = 50% Requeleed - 2 conyzade the cost of ending wolk.in process Inventory fol material, , Leesoul; overhead and in dolce for Janualy. (). 126со 32012 Madee cella) Labo& cb) overhead Todcel. cost of ending coolk en process inuendoly (об S4942 (asaox 1310) Ct&0 x4 %) (1&00 x 760) a+b+) Equivalent whit ; 2s20 1 800. cost per aquehalent unit 41210 Ф4:so twoo 1 $7* 60. Required - селерде 44 on 0 40 мяAcusbesed dо we he cur dерия 4моли Боя плася? ;box , Ovchard ,але Ри Коса (ох солио. material labor(b) lovequead (otolal. ) cosoch crûts completed and transfelled out 3,28,810 123S0 190,760 6,32,520 2s100х1210 as уоох4 o jasiox760 ta404). oad turdаѕ соuрlооd аnd AAC Akos god Q (0o mig. Equivalent unit df 100 Tastoo 25100 . to pog oquloalout it ¢1310 : 4:50 360 !

Required - 4 6,87,312 cost Reconsilation Ponal cost to be accounted God costs accocended tol as follows costs of wits completed and traustered . cost of ending work in process anveraly TOTAL COST ACCOUNTED FOR 6,32,520 54,792 6,873312