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Cartwright Custom Carpentry manufactures chairs in Processing Department. Direct materials are included at inception of the production cycle and must be bundle single kits for

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Cartwright Custom Carpentry manufactures chairs in Processing Department. Direct materials are included at inception of the production cycle and must be bundle single kits for each unit. Conversion costs are incu evenly throughout the production cycle. Inspection takes p at the end of production. After inspection, some units spoiled due to non-detectible materials defects. Spoiled w generally constitute 2 percent of the good units. I provided for March 1997 is as follows: Weighted Average WIP, Beginning inventory 3/1/997 30,000 units Direct materials: 1001 complete Conversion costs: 80 % complete Started during November 80,000 units Completed & Transferred Out 76,000 units WIP, Ending inventory 3/31/1997 34,000 units Direct materials: 100% complete Conversion costs: 45 complete Costs: WIP, Beginning Inventory: Direct materials Direct materials added Conversion costs added $ 40,000 40,000 240,000 208,500 1. What is cost per unit?- 2. How many Equivalent units of cc under Fife 3. What is cost of Finished Goods? What is cost of ending inventory?_

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