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1 Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow of units is available
1 Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow of units is available for the month of November. Beginning work in process (52% complete) Started in November Completed in November and transferred out Ending work in process (55% complete) Cost data for November show the following 50,000 580,000 550,000 00,000 Conversion costs Beginning MIP inventory Direct materials costs 26,300 39,700 368,950 1,139,550 Current period costs Direct materials costs Conversion costs Required: a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted-average method. b. Compute the cost per equivalent unit for materials and conversion costs for November Complete this question by entering your answers in the tabs below. Required A Required Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted average method. Equent u Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow of units is available for the month of November. Beginning work in process (52% complete) Started in November 50,000 580,000 Completed in November and transferred out Ending work in process (55% complete) 550,000 80,000 Cost data for November show the following Beginning MIP inventory Direct materials costs Conversion costs Current period costs Direct materials costs Conversion costs 26,300 39,700 360,950 1,139,550 Required: a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted average method b. Compute the cost per equivalent unit for materials and conversion costs for November Complete this question by entering your answers in the tabs below. Required A Required B Compute the cost per equivalent unit for materials and conversion costs for November. (Round your answers to 2 decimal) places) Materials Conversion costs Cost Per Equivalent Unite
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