Homework answers / question archive / Jordan ski company manufactures skis

Jordan ski company manufactures skis

Management

Share With

Jordan ski company manufactures skis. During most of the recent accounting period the companys fishing department transferred 4050 sets of finished goods. at the end of the accounting period, 410 sets of skis were estimates to be 50 percent complete. Total product costs for the finishing department amounted to $255,300.

A. Determinethe cost per equivalent.

B. Determine the cost of the goods transferred out of the finishing department.

C. Determine the cost of the finishing departments ending work in process inventory.