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6 Book rint rences Required information [The following information applies to the questions displayed below.] Silver Company manufactures kites and has the following information available
6 Book rint rences Required information [The following information applies to the questions displayed below.] Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 40% for conversion) Direct materials Conversion cost Number of units started April costs Direct materials Conversion cost Work in process, April 30 (100% complete for materials, 20% for conversion) 44,000 units $ 72,000 $ 102,000 150,000 units $ 218,000 $ 328,000 76,000 units Required: Using the weighted-average method, complete each of the following steps: 1. Reconcile the number of physical units worked on during the period. 2. Calculate the number of equivalent units. 3. Calculate the cost per equivalent unit. 4. Reconcile the total cost of work in process. S Book Print erences Required information Required: Using the weighted-average method, complete each of the following steps: 1. Reconcile the number of physical units worked on during the period. 2. Calculate the number of equivalent units. 3. Calculate the cost per equivalent unit. 4. Reconcile the total cost of work in process, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the weighted-average method, reconcile the number of physical units worked on during the period. Beginning Units Units Started Physical Units Physical Units Units Completed Ending Units Total Units 0 Total Units 0 Book Print erences 1. Reconcile the number of physical units worked on during the period. 2. Calculate the number of equivalent units. 3. Calculate the cost per equivalent unit. 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the weighted-average method, calculate the number of equivalent units. Equivalent Units Units Completed Physical Units Direct Materials Conversion Ending Inventory Total Units 0 0 0 Prev 6 of 10 Next S es 1. Reconcile the number of physic 2. Calculate the number of equivalent units. 3. Calculate the cost per equivalent unit. 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the weighted-average method, calculate the cost per equivalent unit. Note: Round your answers to 5 decimal places. Direct Materials Cost per Equivalent Unit Conversion Look int ences 1. Reconcile the number of physical units worked on during the period. 2. Calculate the number of equivalent units. 3. Calculate the cost per equivalent unit. 4. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the weighted average method, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for $ 0 0
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