Percentage of Completion Calculations: Units, Costs, and

School: University of Phoenix - Course: ACC 543 - Subject: Accounting

Percentage of Completion Calculations Beginning Inventory (units) Work in Process (units) Units in Production Units Transferred Out Remaining Units Total Transferred In and Production Costs Ms. Alverez's Estimate# of Units at 40% Completion Units Transferred Out Total Equivalent Units Equivalent Costs Per Unit = Total Transferred In and Production Costs / Total Equivalent Units Equivalent Cost Per Unit Mr. Sawyer's Estimate# of Units at 60% Completion Units Transferred Out Total Equivalent Units Equivalent Costs Per Unit = Total Transferred In and Production Costs / Total Equivalent Units Equivalent Cost Per Unit
5,500 94,500 100,000 90,000 10,000 $902,400.00 4,000 90,000 94,000 904,200 / 94,000 $9.60 6,000 90,000 96,000 904,200 / 96,000 $9.40

Expert's Answer

Your future, our responsibilty submit your task on time.

Order Now

Need Urgent Academic Assistance?

Price Starts from $10 Per Page

*
*
*
*

TOP
Order Notification

[variable_1] from [variable_2] has just ordered [variable_3] Assignment [amount] minutes ago.