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Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units

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Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion work in process, October 1 49,888 85% 68% Work in process, October 31 39,888 68% 48% The department started 399,000 units into production during the month and transferred 409,000 completed units to the next department. Requked: Compute the equivalent units of production for October. Equivalent units of production Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labor Overhead Work in process, May 1 $ 11,699 $ 17,361 $ 89,664 Cost added during May $ 79,459 $ 11,574 $ 53,776 Equivalent units of production 1,999 999 899 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units in ending work in process inventory 2,100 880 Cost per equivalent unit $ 14.66 $ 6.23 A total of 20,400 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total. 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total. (For all requirements, round your final answers to the nearest whole dollar amount.) 1. Cost of ending work in process inventory _ Maria Am Corporation uses the weighted-average method in its process costing system. The Baking Department is one of the processing departments in its strudel manufacturing facility. In June in the Baking Department, the cost of beginning work in process inventory was $4,850, the cost of ending work in process inventory was $1,140, and the cost added to production was $25,400. Requked: Prepare a cost reconciliation report for the Baking Department for June. Costs to be accounted for: _ Total cost to be accounted for _ Costs accounted for as follows: _ Total cost accounted for _ Superior Micro Products uses the weightedaverage method in its process costing system. During January, the Delta Assembly Department completed its processing of 25,800 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $735,112 in total. The ending work in process inventory in January consisted of 3,400 units, which were 70% complete with respect to materials and 50% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: Materials Labor' Overhead Cost per equivalent unit $ 13.46 $ 5.08 $ 8.60 Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. Required 1 Required 2 Required 3 Required 4 Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. Cost of ending work in process inventory Required 1 Required 2 Required 3 Required 4 Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. Required 1 Required 2 Required 3 Required 4 Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.) Total cost to be accounted for _ Costs accounted for as follows: _ Total cost accounted for _

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