Ch 03 Ex 3-9 A Saved Help Save & Exit Submit Check my work 10 points Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] eBook Hint During April, the first production department of a process manufacturing system completed its work on 405,000 units of a product and transferred them to the next department. Of these transferred units, 81,000 were in process in the production department at the beginning of April and 324,000 were started and completed in April. April's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. At the end of April, 103,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Ask Print References Exercise 03-9 Weighted average: Costs assigned to output and inventories LO C2 The production department had $1,434,675 of direct materials and $1,002,573 of conversion costs charged to it during April. Also, its April beginning inventory of $287,867 consists of $222,485 of direct materials cost and $65,382 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 3. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) 3-9 Saved Help Save & Exit Submit Check my work - - --- ---- - - - - - - - - -- - . . .- - .. - - - - -- - -- - - Required information EUPMaterials 405,000 % Conversion EUP-Conversion 100% 405,000 30% Materials Conversion Required 1. and 2. Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials Units completed and transferred out 405,000 100% Units in ending inventory 80% Equivalent units of production Cost per Equivalent Unit of Production Costs of beginning inventory Costs incurred this period Total costs Costs = Equivalent units of production EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Conversion - Current period Direct materials - Current period Conversion - Prior period Costs EUP 0.00 Total costs to account for: Total costs accounted for Difference due to rounding cost/unit 0.00 Saved Help Save & Exit Submit Check my work Required information Conversion - Prior period $ 0.00 Total costs to account for. Total costs accounted for Difference due to rounding cost/unit 0.00 ! Required 3. Cost Assignment and Reconciliation Cost of units transferred out Direct materials EUP Cost per EUP Total cost Conversion Total costs transferred out Costs of ending work in process Direct materials EUP Cost per EUP $ 0.00 $ 0.00 Total cost $ 0.00 0.00 Conversion Total cost of ending work in process Total costs accounted for
