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Adida Manufacturing Company uses the weighted-average method in its process costing system. The following data concern the operations of the company's Process Department A for
Adida Manufacturing Company uses the weighted-average method in its process costing system. The following data concern the operations of the company's Process Department A for the month of February. 2,000 8,000 7,000 3,000 Production record: Units in process, February 1 (100% complete with respect to materials; 25% complete with respect to conversion cost) New units started in process Units completed and transferred out Units in process, February 28 (100% complete with respect to materials; 1/3 complete with respect to conversion cost) Cost record: Work in process inventory, February 1: Materials Conversion Costs for February: Materials issued Conversion $600 100 2,560 1,500 Required: a. Calculate the equivalent units and cost per equivalent unit for February for materials and for conversion costs. b. Determine the cost of units completed and transferred out of the department. c. Determine the cost of ending work-in-process inventory in the department
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