Posted: May 21st, 2023
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 Accounting homework help today