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ASAP PLEASE HELP ANSWER Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting department Conversion costs
ASAP PLEASE HELP ANSWER
Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting department Conversion costs are incurred uniformly throughout the manufacturing process. As the cutting of material is completed, the pieces are immediately transferred to the Sewing department Information for the Cutting department for the month of May follows. Direct materials Conversion Percent Units Percent Complete Completa Beginning work in process inventory 56,000 1000 408 Units started this period 237,000 Units completed and transferred out 212,000 Ending work in process inventory 81,000 1001 201 Production cost information for the Cutting department follows. Beginning work in process Direct materials $ 82,500 Conversion 46,050 $ 128,550 Costs added this period Direct materials $ 744.600 Conversion 1,100. 620 $ 1,845,220 Pitt Enterprises uses the weighted-average method of process costing, compute the equivalent units for direct materials and conversion respectively for May 0 237,000 direct materials; 205,800 conversion, 293,000 direct materials: 228,200 conversion 156,000 direct materials, 156,000 conversion 205.800 direct materials: 237000 conversion 205.800 direct materials, 205,800 conversion Step by Step Solution
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