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can someone show the equations as well? Im just confused, I want to fully understand this problem this is all they provided me with Catridge

can someone show the equations as well? Im just confused, I want to fully understand this problem image text in transcribed
image text in transcribed
this is all they provided me with image text in transcribed
image text in transcribed
Catridge Company uses the weighted average cost method under process costing. It has no beginning work in process inventory. By the end of the period, the company has transferred 9,000 units to finished goods and kept 3,900 units in the work in process inventory Ending WIP inventory is fully completed as to direct material cost and 70% completed in terms of conversion costs. The company has incurred $33,540 of direct materials and $65,688 of conversion costs. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole unit a) Determine the equivalent units for materials and conversion costs. Outputs Beginning WIP Inputs Add Current Month Total Production Completed Transfer Out Ending WIP Total Outputs Direct Materials Units 9 % Equivalent Completed % Conversion Equivalent Units b) Determine the cost per equivalent unit for direct materials and conversion costs, total cost transferred to finished goods, and total cost of ending WIP inventory Round the Cost per unit to 2 decimal places UMS US % Equivalent Completed % Conversion Equivalent Units b) Determine the cost per equivalent unit for direct materials and conversion costs, total cost transferred to finished goods, and total cost of ending WIP inventory Round the Coster unit.to 2 decimal places. Outputs Beginning WIP Inputs Add Current Month Cost per Unit Total Production Completed Transfer Out Ending WIP Total Outputs Direct Materials Units Direct Materials Cost Conversion Units $ Conversion Cost Total Cost Check Take me to the text Catridge Company uses the weighted average cost method under process costing. It has no beginning work in process inventory. By the end of the period, the company has transferred 9,000 units to finished goods and kept 3,900 units in the work in process inventory Ending WIP inventory is fully completed as to direct material cost and 70% completed in terms of conversion costs. The company has incurred $33,540 of direct materials and $65,688 of conversion costs Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole unit. a) Determine the equivalent units for materials and conversion costs. Beginning WIP Inputs Add Current Month Total Production Outputs Completed Transfer Out Ending WIP Total Outputs Direct Materials Units % % Equivalent Completed % Conversion Equivalent Units b) Determine the cost per equivalent unit for direct materials and conversion costs, total cost transferred to finished goods, and total cost of ending WIP inventory. Round the cost oer Unit to 2 decimal places. Outputs Inputs Add Current Month Cost per Unit Beginning WIP Total Production Completed Transfer Out Total Outputs Ending WIP Direct Materials Units Beginning WIP Inputs Add Current Month Total Production Outputs Completed Transfer Ending WIP Total Outputs Out Drect Materials Units % % Equivalent Completed % Conversion Equivalent Units b) Determine the cost per equivalent unit for direct materials and conversion costs, total cost transferred to finished goods, and total cost of ending winventory. Round the cost per unit to 2 decimal places. Outputs Inputs Add Current Month Beginning WIP Cost per Unit Total Production Completed Transfer Out Ending WIP Total Outputs Direct Materials Units Direct Materials Cost Conversion Units $ $ $ Conversion Cost Total Cost Check

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