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11. Varstraten Inc. has provided the following data concerning the Assembly Department for the month of April. The company uses the weighted average method
11. Varstraten Inc. has provided the following data concerning the Assembly Department for the month of April. The company uses the weighted average method in its process costing April Units Materials Labor Overhead Work in process, April 1 2,450 $21,050 $8,373 $10,000 Units started in process 2,800 Units transferred out 3,150 Work in process, April 30 1,950 Cost added during April $129,430 $45,816 $56,231 The beginning work in process inventory was 40% complete with respect to materials and 20% complete with respect to labor and overhead. The ending work in process inventory was 50% complete with respect to materials and 10% complete with respect to labor and overhead. Required: . 1. Compute the equivalent units for April's activity for the Assembly Department. (2 marks) 2. Determine the costs per equivalent unit for April. (2 marks) Page
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