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Direct Material Physical Units Conversion Costs Costs Work in Process 10,000 $100,000 $232.580 beginning Started into 60,000 $305,000 $900,000 Processing The units in beginning work

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Direct Material Physical Units Conversion Costs Costs Work in Process 10,000 $100,000 $232.580 beginning Started into 60,000 $305,000 $900,000 Processing The units in beginning work in progress were 60% complete with respect to direct materials and 70% complete with respect to conversion costs. The company had 20,000 units on hand at the end of the period which were 50% complete as to materials and 40% complete as to conversion costs Required: a. Prepare a quantity schedule b. Compute the equivalent units for Department 2 according to the weighted average method of accounting for units. Calculate the cost per equivalent unit using the weighted average method of costing. Round answer to two decimal places. S Type here to search ir E n 6 w E R s D F G . Z X B

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