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Required Information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] The following refers to units processed in Sunflower Printing's binding department in March Percent of Units of Product Conversion Beginning work in process Goods started 80% 150, eee 31e, eee 340,eee 120, eee 10e Goods completed Ending work in process 1ee 25 QS 20-5 Welghted average: Computing equivalent units of productlon LO C2 Compute the total equivalent units of production with respect to conversion for March using the weighted-average method. Equivalent units of production (EUP) with respect to conversion - weighted average method Units % Conversion EUP 25% Total Required Information Use the following information for the Exercises below. The following information applies to the questions displayed below.] The production department in a process manufacturing system completed 84,000 units of product and transferred them to finished goods during a recent period. Of these units, 33.600 were in process at the beginning of the period. The other 50,400 units were started and completed during the period. At period-end, 17,700 units were in process. Exercise 20-4 Welghted average: Computing equlvalent units LO C2 Prepare the department's equivalent units of production with respect to direct materials under each of three separate assumptions using the weighted-average method for process costing. Equivalent Units of Production (EUP)-Weighted Average Method 1. All direct materials are added to products when processing begins EUP- Units % Materials Materials Total EUP 2. Beginning inventory is 30% complete as to materials and conversion costs. Ending inventory is 80 % complete as to materials and conversion costs EUP- Units % Materials Materials Total EUP 3. Beginning inventory is 60% complete as to materials and 40% complete as to conversion costs. Ending inventory is 30% complete as to materials and 60% complete as to conversion costs EUP- Units % Materials Materials Total EUP Required Information Use the following information for the Exercises below. The following information applies to the questions displayed below.] The Fields Company has two manufacturing departments, forming and painting. The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 37,000 units in inventory. 80 % complete as to materials and 20% complete as to conversion costs. The beginning inventory cost of $84,100 consisted of $59.200 of direct materials costs and $24.900 of conversion costs. During the month, the forming department started 540,000 units. At the end of the month, the forming department had 40,000 units in ending inventory, 80% complete as to materials and 30% complete as to conversion. Units completed in the forming department are transferred to the painting department. Cost information for the forming department is as follows: Beginning work in process inventory Direct materials added during the month Conversion added during the month 84,10e 1,949,37e 1,254,270 Exercise 20-6 Welghted average: Cost per EUP and costs assigned to output LO C2 1. Calculate the equivalent units of production for the forming department Direct Materials Conversion 2. Calculate the costs per equivalent unit of production for the forming department. Direct Materials per EUP Conversion per EUP 3. Using the weighted-average method, assign costs to the forming department's output-specifically. its units transferred to painting and its ending work in process inventory. Cost Assignment and Reconciliation Cost of units transferred out EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process Total cost EUP Cost per EUP Direct materials Conversion Total cost of ending work in process Total costs assigned Required Information Use the following information for the Exercises below. The following information applies to the questions displayed below.] During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 78,000 were in process in the production department at the beginning of April and 312,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 100,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Exercise 20-8 Weighted average: Computing equlvalent units of productlon LO C2 . Compute the number of units transferred to finished goods 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of units transferred to finished goods. Units transferred out Required 2 Required 1 1. Compute the number of units transferred to finished goods 2. Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of equivalent units with respect to both materials used and conversion used in the production department for April using the weighted-average method. Equivalent Units of Production - Weighted Average EUP- Units % Materials EUP-Materials % Conversion Conversion Equivalent units of production Required 2> Required1 Requlred Information Use the following information for the Exercises below. The following information applies to the questions dlisplayed below] During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 78.000 were in process in the production department at the beginning of April and 312,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 100,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Exerclse 20-9 Welghted average: Costs assigned to output and inventorles LO C2 The production department had $1,296,225 of direct materials and $929,160 of conversion costs charged to it during April. Also, its beginning inventory of $268,115 consists of $231,275 of direct materials cost and $36,840 of conversion costs. 1&2. Using the weighted-average method, compute the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output. (Round "Cost per EUP" to 2 declmal places.) Equivalent Units of Production (EUP)- Weighted Average Method Required information EUP- EUP- Conversion % Conversion Units % Materials Materials Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Total costs Costs Costs - Equivalent units of production EUP EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Total costs to account for Total costs accounted for Difference due to rounding cost/unit Cost Assignment and Reconciliation Cost of units transferred out EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials Conversion Total cost of ending work in process Total costs accounted for