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could someone please sove this? The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and conversion.
could someone please sove this?
The production department had the cost information below. a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUp" to 2 decimal places.) b. Using the wolghted 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.) c. Complete the entry to transfer cost to finished goods inventory. d. What is the ending WIP inventory amount (total)? [The following information applies to the questions displayed below] The Company's department reports the following: They use the weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. During November, completed and transferred 80,000 units of product to finished goods. At the end of November, work in process inventory consists of 8,000 units that are 100% with respect to direct materials and 25% complete with respect to conversion. Beginning work in process inventory had $58,000 of direct materials and $86,400 of conversion cost. The direct material cost added in November is $712,000 and the conversion cost added is $1,980,000. Calculate EUP on your own paper to be used in next problem. Here is the format for that calculation Step by Step Solution
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