Production and Cost Data for the Month of February for Process

question 69

Essay

Production and cost data for the month of February for Process A of the Packer manufacturing Company follow: The company uses the weighted-average cost method in its process costing system.
Required:
a.Calculate the equivalent units and cost per equivalent unit for February for materials and for conversion costs.(Carry calculations out to the nearest tenth of a cent. )
b.Determine the cost transferred to finished goods.
c.Determine the amount of cost that should be assigned to the ending work in process.

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