1. Jansen Company uses the weighted-average method for process costing. Direct materials are added at the beginning of the process and conversion costs are uniformly applied. Other details include:

WIP beginning (40% for conversion)

22,500 units

Units started

130,000 units

Units completed and transferred out

124,000 units

WIP ending (60% for conversion)

28,500 units

Beginning WIP direct materials

$51,900

Beginning WIP conversion costs

$20,174

Costs of materials added

$430,000

Costs of conversion added

$310,000

Required:

A. What are the total equivalent units for direct materials?

B. What are the total equivalent units for conversion costs?

C. What is the cost per equivalent unit for direct materials?

D. What is the cost per equivalent unit for conversion costs?

E. What is the total cost of units completed and transferred out?

F. What is the total cost of units remaining in ending WIP?