Ch $4$ HW# $1$

Those remaining were finished with respect to material but only $40\%$ finished with respect to conversion.

Assuming Allred uses the weighted average method and that materials are added at the beginning of the process and conversion occurs evenly, compute the following:

a$.$ The equivalent units for material and conversion.

b$.$ The cost per equivalent unit for material and conversion.

c$.$ The total cost assigned to the units transferred out.

d$.$ The total cost assigned to the ending inventory.

e$.$ Prove that your solutions to requirements $($c$)$ and $($d$)$ sum to the total costs to be accounted for.

Round average cost per equivalent unit to two decimal places, if applicable.

Round other answers to the nearest whole number, when appropriate.

$\backslash$table$[[\backslash$table$[[$Allred Company Department $1],[$Flow of Units and Equivalent Units Calculation$]]],[,\backslash$table$[[\%$ Work$],[$done$]],$Equivalent Units,$\{$

$\backslash$table$[[$Conversion$],[$Costs$]]\}],[,\backslash$table$[[$Direct$],[$Materials$]],\backslash$table$[[\%$ Work$],[$Done$]]],[$Complete$/$Transferred$,\%,,\%,,],[$Ending Inventory,$\%,,\%,,],[$Total$,$a$.,,,,$a$.]]$

$\backslash$table$[[,,\backslash$table$[[$eport$],[$Direct$],[$Materials$]],,\backslash$table$[[$Conversion$],[$Costs$]],],[$Beginning Inventory$],[\backslash$table$[[$Beginning inventury$],[$Current$]]],[$Total Costs to Account For,$$,4,,$$$,],[\backslash$table$[[$Total Costs to Account for$],[$ Total Equivalent Units$]]],[$Average cost $/$ Equivalent unit,,$s,$b$.,$$$,$b$.],[$Complete $/$ Transferred:$],[$Direct Materials,$$,,,,],[\backslash$table$[[$Direct Materials$],[$Conversion costs$]]],[$Cost of Goods Manufactured,$$,$c$.,,,],[\backslash$table$[[$Cost of Goods Manutactured$],[$Ending Inventory:$]]],[$Direct Materials,$$,,,,]]$