Campbell Ski Firm manufactures snow skis. Throughout the newest accounting interval, the corporate’s ending division transferred four,zero50 units of skis to completed items. On the finish of the accounting interval, 420 units of skis have been estimated to be 50 p.c full. Complete product prices for the ending division amounted to $234,300.
Required
Decide the associated fee per equal.
Decide the price of the products transferred out of the ending division.
Decide the price of the ending division’s ending work in course of stock.
a. Value per equal unit ?
b. Allocation to completed items ?
c. Allocation to ending stock ?
Snow skis are manufactured by Campbell Ski Firm. The corporate’s ending part transformed four,zero50 units of skis to accomplished objects throughout the newest accounting interval. 420 units of skis have been anticipated to be 50% full on the conclusion of the accounting interval. The ending division’s complete product bills have been $234,300.
Required
Calculate the associated fee per equal.
Calculate the price of items transferred from the ending division.
Calculate the price of the ending division’s completed work in course of stock.
a. What’s the price per equal unit?
b. Distribution to ultimate items?
b. Allocation to finish-of-life stock?