1. Business
  2. Accounting
  3. can someone help me fill in the blanks please...

Question: can someone help me fill in the blanks please...

Question details

Can someone help me fill in the blanks, please?

Given Data P3-02A VICTORY COMPANY For the month of November Number of units transferred to finished goods Number of units 30% complete as to labor at 700,000 end of period 180,000 Beginning inventory $420,000 $139,000 $3,254,000 $2,220,000 Direct materials Direct labor Direct labor cost for period Direct materials cost for period Check figure: (2) Direct labor cost per equivalent unit (3b) $4.50 $783,000VICTORY COMPANY Direct Materials Direct Labor Equivalent units of production (EUP) Units completed and transferred out Units of ending goods in process Direct materials Direct labor Total equivalent units of production Part 2 Direct Materials Direct Labor Cost per equivalent unit of production Costs of beginning goods in process Costs incurred this period Total costs Divided by Equivalent units of production Cost per equivalent unit of production Part 3 Assigning product costs to units Direct Materials Direct Labor Costs transferred out Direct materials Direct labor Total costs transferred out Costs of ending goods in process Direct materials Direct labor Total costs of ending goods in proces:s Total costs accounted forPart 4 Memorandum To: From: Date: Subject: Percentage of Completion Error Analysis

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution