Question
Answer Questions 14-17 depends on the following information: ABC manufactures music player that has two cost categories, direct materials and conversion costs. Each product must
Answer Questions 14-17 depends on the following information:
ABC manufactures music player that has two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. The company uses weighted-average costing.
The following information is available for the month of March for the Assembly department.
Work in process, beginning inventory 300 units
Conversion costs (30% complete)
Units started during April 800 units
Work in process, ending inventory: 100 units
Conversion costs (50% complete)
The cost details for the month of March are as follows:
Work in process, beginning inventory:
Direct materials $345,000
Conversion costs $360,000
Direct materials costs added during April $700,000
Conversion costs added during April $1,120,000
compute the total equivalent units for direct materials and conversion costs, respectively, for March?
Group of answer choices
1,050 units; 1,100 units
1000 units; 1050 units
1,100 units; 1,100 units
1,100 units; 1,050 units.
Question 15 2 pts What is the direct materials cost per equivalent unit during March 0 $950 O $995 O $636 O $313 Question 16 2 pts What is the conversion cost per equivalent unit in March? $1,409.52 10 $1,066.52 $1.595.52 $1,345.52 2 pts Question 17 What amount of direct materials costs is assigned to the ending Work-in-Process account for March? O $31,363 O $63,636 $75.075 o $95.000
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