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Beginning work in process inventory 62,000 70% 30% Units started this period 332,000 Completed and transferred out 310,000 Ending work in process inventory 84,000 90%
Beginning work in process inventory | 62,000 | 70% | 30% |
---|---|---|---|
Units started this period | 332,000 | ||
Completed and transferred out | 310,000 | ||
Ending work in process inventory | 84,000 | 90% | 40% |
The production department had the cost information below.
Beginning work in process inventory | ||
---|---|---|
Direct materials | $ 126,862 | |
Conversion | 32,560 | $ 159,422 |
Costs added this period | ||
Direct materials | 817,858 | |
Conversion | 689,000 | 1,506,858 |
Total costs to account for | $ 1,666,280 |
a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)
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