On April 30, 2013, Leander Co. Had 23,900

WA & FIFO EUPOn April 30, 2013, Leander Co. had 23,900 units in process that were 80 percent complete as to material, 60 percent complete as to direct labor, and 40 percent complete as to overhead. During May, 547,700 units were started. The 14,500 units in ending inventory were 80 percent complete as to material, 35 percent complete as to direct labor, and 10 percent complete as to overhead. a. Calculate the physical units to account for in May. _______________________unitsb. How many units were started and completed during May?_______________________unitsc. Determine May’s EUP for each category using the weighted average method. Equivalent UnitsDirect Material (DM)_________________________Direct Labor (DL)_________________________Overhead (OH)_________________________d. Determine May’s EUP for each category using the FIFO method. Equivalent UnitsDirect Material (DM) ________________________Direct Labor (DL)________________________Overhead (OH)________________________e. Reconcile your answers to parts (c) and (d). Equivalent UnitsWeighted Average MethodEquivalent units in BIFIFO MethodDirect Material (DM)_______________________________________________________________________Direct Labor (DL)_______________________________________________________________________Overhead (OH)_______________________________________________________________________

Originally posted 2018-07-22 16:53:17. Republished by Blog Post Promoter

On April 30, 2013, Leander Co. Had 23,900

Exercise 6-23 (Algorithmic)WA & FIFO EUPOn April 30, 2013, Leander Co. had 23,900 units in process that were 80 percent complete as to material, 60 percent complete as to direct labor, and 40 percent complete as to overhead. During May, 547,700 units were started. The 14,500 units in ending inventory were 80 percent complete as to material, 35 percent complete as to direct labor, and 10 percent complete as to overhead. a. Calculate the physical units to account for in May. unitsb. How many units were started and completed during May?unitsc. Determine May’s EUP for each category using the weighted average method. Equivalent UnitsDirect Material (DM)Direct Labor (DL)Overhead (OH)d. Determine May’s EUP for each category using the FIFO method. Equivalent UnitsDirect Material (DM)Direct Labor (DL)Overhead (OH)e. Reconcile your answers to parts (c) and (d). Equivalent UnitsWeighted Average MethodEquivalent units in BIFIFO MethodDirect Material (DM)Direct Labor (DL)Overhead (OH)