Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

تمرين 16

Newton Corporation uses a process costing system to trace costs through several phases of production, starting with the Blending Department and ending with the Packaging Department. Recent computer problems have caused some of the company's accounting records to be destroyed. Shown below is a partial summary of information retrieved by accountants from the Blending Department's February production cost report:
a. Compute the number of units that were in the Blending Department's beginning inventory on February 1.
b. Compute the number of units that were started and completed by the Blending Department in February.
c. Compute the cost per equivalent unit of direct materials and conversion carried forward from January and assigned to the Blending Department's beginning inventory on February 1.
d. Compute the Blending Department's cost per equivalent unit of direct materials consumed in February.