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1 Romanesco Routers: The following data were taken from the company's accing records: Beginning work in process inventory: (100% complete as to materials; 70% complete

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1 Romanesco Routers: The following data were taken from the company's accing records: Beginning work in process inventory: (100% complete as to materials; 70% complete as to conversion) 60,000 units Started in process during the period 180,000 units Ending work in process inventory: (100% complete as to materials; 60% complete as to conversion) 40,000 units Beginning Direct Materials $200,000, Beginning Conversion Costs $300,000 Cost of Materials in the current period $500,000, Conversion Costs incurred in the current period $800,000 (15 points) Show all your calculations and label each item. a.) How many units were completed in the current period? b.) If Romanesco Routers uses the weighted-average method in its process costing system, what are the equivalent units of production for conversion costs? C.) If Romanesco Routers uses the modified FIFO method in its process costing system, what are the equivalent units of production for conversion costs? d.) If Romanesco Routers uses the weighted-average method in its process costing system, what is the cost per equivalent unit for conversion costs? (Round to two decimal places.) e.) if Romanesco Routers uses the modified FIFO method in its process costing system, what is the cost per equivalent unit for conversion costs? (Round to two decimal places.) MacBook Air a DII F7 F8 F12 F9 F10 F11

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