Autumn Manufacturing mass produces its product in three departments. A cost analysis for Department $1,$ the first department in the manufacturing cycle for the month of April, is in the exhibits. Costs have recently fluctuated significantly because of an increase in materials costs and labor.

Task $1$

Enter the appropriate amount in the associated cell. If the amount is zero, enter a zero $(0).$ Round all amounts to the nearest cent.

A B

$1$

Question

Amount

$2$ Using the weighted$-$average method, what is the cost per equivalent unit for direct materials?

$3$ Using the weighted$-$average method, what is the cost per equivalent unit for conversion costs?

$4$ Using the weighted$-$average method, what is the total dollar value of Department $1$s ending inventory on April $30?$

$5$ Using the first$-$in$,$ first$-$out method, what is the cost per equivalent unit for direct materials?

$6$ Using the first$-$in$,$ first$-$out method, what is the cost per equivalent unit for conversion costs?

$7$ Using the first$-$in$,$ first$-$out method, what is the total dollar value of Department $1$s ending inventory on April $30?$

Task $2$

Select from the option list provided the appropriate method.

A B

$1$

Question

Method

$2$ Given the increase in costs during the month of April and projected future volatility in materials and labor, which method provides more accurate costing for control purposes?

Beginning Work In Process Inventory $$ April $1510$ Units

direct materials

conversion costs

Inventory Dashboard $$ Project $1$

transferred out april

ending wip april

coversion costs april

direct materials april