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Annin Laboratories uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for February: Beginning WIP inventory Direct
Annin Laboratories uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for February: Beginning WIP inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs Beginning inventory Current period units started Ending inventory Quantity information is obtained from the manufacturing records and includes the following: $ 28,553 9,205 173,272 89,540 Required A Required B Required: b. Compute the cost per equivalent unit for direct materials and conversion costs. 6,000 units. (40% complete as to materials, 15% complete as to conversion) 45,600 units 27,000 units (75% complete as to materials, 35% complete as to conversion) Complete this question by entering your answers in the tabs below. Cost Per Equivalent Unit Compute the cost per equivalent unit for direct materials and conversion costs. Note: Round your answers to 2 decimal places. Arnin Laboratories uses the welghted-average method to account for its work-in-process inventories. The accounting records show the following information for February: Quantity information is obtained from the manufacturing records and includes the following: 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 Complete this question by entering your answers in the tabs below. Compute the cost per equivalent unit for direct moterials and conversion costs. Note: Mound vour answers to 2 decimal ploces
Annin Laboratories uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for February: Beginning WIP inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs Beginning inventory Current period units started Ending inventory Quantity information is obtained from the manufacturing records and includes the following: $ 28,553 9,205 173,272 89,540 Required A Required B Required: b. Compute the cost per equivalent unit for direct materials and conversion costs. 6,000 units. (40% complete as to materials, 15% complete as to conversion) 45,600 units 27,000 units (75% complete as to materials, 35% complete as to conversion) Complete this question by entering your answers in the tabs below. Cost Per Equivalent Unit Compute the cost per equivalent unit for direct materials and conversion costs. Note: Round your answers to 2 decimal places.
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