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Consider the following data for the satellite Assembly Division of Aerospatiale: Degree of completion, beginning: direct material 90%; conversion costs 40% Degree of completion, ending:
Consider the following data for the satellite Assembly Division of Aerospatiale: Degree of completion, beginning: direct material 90%; conversion costs 40% Degree of completion, ending: direct materials 50%; conversion costs 40% The satellite Assemble Division uses weighted-average method of process costing. Do the following: Compute equivalent units for direct materials and conversion costs. Show physical units in a separate column of data. Did you compute equivalent unit numbers for the beginning work in process? If no, why not? Calculate cost per equivalent unit for direct materials and conversion costs. Summarize total costs to account for. Assign these costs to units completed and transferred out, and to units in ending work in process
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