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3 Nomplete Marked out of $75 Paquetion eBook Pri ivalent Units and Product Cost Report-Weighted Average Method is first month's operations (January 2016, Allred
3 Nomplete Marked out of $75 Paquetion eBook Pri ivalent Units and Product Cost Report-Weighted Average Method is first month's operations (January 2016, Allred Company's Department 1 incurred charges of $1,380,000 for direct materials (100,000 units) $379,500 for direct labor, and $667,000 for nufacturing overhead. At month-end, 88,000 units had been finished and transferred out. The remaining units were finished with respect to material but only 25% complete with respect to wversion costs Burning Allred uses the weighted average method and that materials are added at the beginning of the process and conversion costs occur evenly, compute the following a The equivalent units of materials and conversion costs b. The cost per equivalent unit of materials and conversion costs c. The total cost assigned to the units transferred out. d. The total cost assigned to the ending inventory e. Prove that your solutions to requirements (c) and (d) sum to the total costs to be accounted for.
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