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Cutting process-Desks Beginning work in process inventory Units started this period Units completed and transferred to Finishing Ending work in process inventory (100% complete for
Cutting process-Desks Beginning work in process inventory Units started this period Units completed and transferred to Finishing Ending work in process inventory (100% complete for direct materials, 90% complete for conversion) Costs added this month Direct materials Conversion Units 0 85 65 20 Cost $ 30,600 6,640 Required: 1. Compute equivalent units of production for both direct materials and conversion for February 2. Compute cost per equivalent unit for both direct materials and conversion for February. 3. Assign costs to units transferred out to Finishing and to units in ending work in process inventory. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assign costs to units transferred out to Finishing and to units in ending work in process inventory. Total Cost Cost assignment-Weighted average EUP Weighted average method Cost per EUP Completed and transferred out Direct materials 65 $ 360$ Conversion 20 80 Total costs transferred out Ending work in process Direct materials 65 X $ 360 Conversion 18 $ 80 23,400 1,600 S 25,000 23,400 X 1,440 24,840 49,840 Total costs accounted for $
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