Process Assembly Department Assignment

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    Process Assembly Department Assignment

    Process Assembly Department Assignment The debits to work in the process-Assembly department for May, together with data concerning production, are as follows: May 1 work in progress Material cost 3000 units $7500 conversion cost 3000 units, 66.7% complete 5500 materials added during May, 10000 units 26000 conversion cost during May 33100 goods finished during may 11,500 units 50% completed 0 may 31 work in process 1500 units 50% completed 0 All direct materials are placed in process at the beginning of the process and the first in first out method is used to cost inventories. The materials cost per equivalent unit for may is . Get Finance homework help today.

    Process Assembly Department Assignment

    The debits to work in the process-Assembly department for May, together with data concerning production, are as follows:
    May 1 work in progress
    Material cost 3000 units $7500
    conversion cost 3000 units, 66.7% complete 5500
    materials added during May, 10000 units 26000
    conversion cost during May 33100
    goods finished during may 11,500 units 50% completed 0
    may 31 work in process 1500 units 50% completed 0
    All direct materials are placed in process at the beginning of the process and the first in first out method is used to cost inventories. The materials cost per equivalent unit for may is .

    Get Finance homework help today.