ACCT 344 DeVry Week 2 Complete Work
ACCT 344 DeVry Week 2 Complete Work ACCT 344 DeVry Week 2 Homework 1. Questions: Kali Manufacturing Inc. began the year with the following. Beginning work-in-process 20,000 20% complete Transferred to finished goods 60,000 Ending inventory 10,000 70% complete Materials added at the beginning of the process Required: Calculate the equivalent units for a. material costs under the weighted average process cost method; b. conversion costs under the weighted average process cost method; c. material costs under the FIFO process cost method; and d. conversion costs under the FIFO process cost method.
Content
ACCT 344 DeVry Week 2 Complete Work
ACCT 344 DeVry Week 2 Homework
1. Questions: Kali Manufacturing Inc. began the year with the following.
Beginning work-in-process 20,000
20% complete Transferred to finished goods 60,000
Ending inventory 10,000
70% complete
Materials added at the beginning of the process
Required: Calculate the equivalent units for
a. material costs under the weighted average process cost method;
b. conversion costs under the weighted average process cost method;
c. material costs under the FIFO process cost method; and
d. conversion costs under the FIFO process cost method.
