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07 Saved Help Save & Exit Submit Check my work [The following information applies to the questions displayed below] Victory Company uses weighted average
07 Saved Help Save & Exit Submit Check my work [The following information applies to the questions displayed below] Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is, added-evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Direct Materials Conversion Percent Percent Units Beginning work in process inventory Units started this period 64,000 Complete Complete 100% 80% 832.000 Units completed and transferred out Ending work in process inventory 715,000 181,000 100% Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 374,720 150, 465 $325,185 1,100, 200 2,858, 835 4,028.115 54,353,300 3. Assign costs to the department's output-specificany, to the units transferred out and to the units in ending work in process inventory (Round "Cost per EUP" to 2 decimal places.)
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