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Catridge Company uses the weighted average cost method under process costing. It has no beginning work in process inventory. By the end of the
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 10,000 units to finished goods and kept 1,800 units in the work in process inventory. Ending WIP inventory is fully completed as to direct material cost and 60% completed in terms of conversion costs. The company has incurred $46,020 of direct materials and $69,804 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 Outputs Month Total Production Completed Transfer Out Ending WIP Total Outputs Direct Materials Units % Equivalent Completed Conversion Equivalent % % Contact us!
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