A.) The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day. Beginning WIP inventory Direct materials $ 951 Conversion costs 452 Current period costs Direct materials 18,770 Conversion costs 10,873 Quantity information is obtained from the manufacturing records and includes the following. Beginning inventory 450 units (60% complete as to materials, 54% complete as to conversion) Current period units started 5,200 units Ending inventory 1,400 units (40% complete as to materials, 20% complete as to conversion) Required: a. Compute the equivalent units for the materials and conversion cost calculations. b. Compute the cost per equivalent unit for direct materials and conversion costs.

B.)

The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day.

Beginning WIP inventory
Direct materials	$	951
Conversion costs		452
Current period costs
Direct materials		18,770
Conversion costs		10,873

Quantity information is obtained from the manufacturing records and includes the following.

Beginning inventory	450	units	(60% complete as to materials, 54% complete as to conversion)
Current period units started	5,200	units
Ending inventory	1,400	units	(40% complete as to materials, 20% complete as to conversion)

Compute the cost of goods transferred out and the ending inventory using the weighted-average method.