66 pints eBook Print References Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work In Process Inventory T-account for the Bending department is shown below. The 3,300 units in beginning work in process Inventory had direct materials costs of $3,700 and conversion costs of $2,900. Also shown is unit data for the Bending department this period. Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Beginning balance Direct materials Direct labor Overhead Ending balance Required A Work in Process Inventory-Bending ($) Debit Credit ? Transferred out 6,600 13,260 4,300 22,530 Required B Units Completed and transferred out Direct materials Conversion 3,300 7,300 8,300 2,300 Complete this question by entering your answers in the tabs below. Required C a. Compute equivalent units of production for both direct materials and conversion. b. Compute cost per equivalent unit of production for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process Inventory. Direct Materials Percent Complete 100% EUP 100% Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Note: Round "Cost per EUP" to 2 decimal places. Cost assignment-Weighted average Cost per EUP 8,300 $ 8,300 Conversion Percent Complete 20% 1.80 S 70% Total cost 13.280.00 4

Midway Metal, which uses the weighted average mothod, produces wre baskets in two depantments. Bending and Painting The Work in Process Inventory T-account for the Bending department is shown below. The 3,300 urtits in beginning work in process inventory had direct matertals costs of $3.700 and corvertion costs of $2.900. Also shown is unit data for the Bending departnent this perlod. a. Compute equivalent unss of production for both chrect materiak and converuion invertory. Complete this question by entering your answers in the tabs below. inverteon. inverteon. Notei Round "Cont per fup" te 2 decimal places