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AcC 4 3 3 Mid Term - Summ. Question 2 of 1 6 - ACC 4 3 Question 4 of 8 - Wiley Lo CHAPTER

AcC433 Mid Term- Summ.
Question 2 of 16- ACC43
Question 4 of 8- Wiley Lo
CHAPTER 2 Managerial C
Willey Lzio 3-Chas
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The polishing department of Wildhorse Manufacturing Company has the following production and manufacturing cost data for September. All materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process.
Production: Beginning inventory of 2,700 units that are 100% complete in terms of materials and 30% complete in terms of conversion costs; units started during the period are 11,800 ; ending inventory of 3,400 units that are 10% complete in terms of conversion costs.
Manufacturing costs: Beginning inventory costs, comprising $24,700 of materials and $27,900 of conversion costs; materials costs added in polishing during the month, $126,825; labour and overhead applied in polishing during the month, $109,000 and $279,516, respectively.
The company uses the weighted-average method.
Calculate the equivalent units of production for materials and conversion costs for the month of September.
\table[[,Direct Materials,Conversion Costs],[Equivalent units of production,14500,]]
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