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Pavel [41]
3 years ago
15

Costs in beginning work in process inventory was $4,500 and $37,800 in costs were added during the period inder the weighed aver

age method if there are 7,050 equivalent the cost per equivalent unit id__
Business
1 answer:
Umnica [9.8K]3 years ago
3 0

Answer:

equivalent cost per unit $6

Explanation:

under the weighted average method we calcualte the equivalent unit cost by adding both, the beginning WIP inventory and the cost added during the period:

$4,500 + $37,800 = $42,300

Then we divide over the equivalent units:

$42,300 / 7,050 units = $6

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Answer:

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Explanation:

The computation of book value of the machine is shown below:-

Machine cost                           $28,000

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($28,000 - $2,800) ÷ 6

Book Value at beginning

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Add: Improvements                   $7,000

Total                                             $54,600

Less: Accumulated

Depreciation for 3 years            $31,080

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