Direct Materials-beg 60%

Direct Materials-end 70%

BEG-Direct Materials -$10,000

BEG-CC-$9280

DIRECT MATERIALS=$50/UNIT

a) How many units were started and completed? Completed?

b)Using FIFO, calculate equivalent units produced

c) What is the cost of the material added (use b)

d)Using FIFO, calculate the cost per equivalent unit produced

e) Using FIFO, what is the journal entry for the transferred to finished good?

f) Using FIFO, what are the unit costs, (hint: should have two numbers)

g) Using Weighted Average, calculate equivalent units of production.

h)Using WA,what is the cost per equivalent unit of production.

i) Using WA, what is journal entry for transferred to finished goods?

j) Using WA, what is the cost per unit?