E3-17 (Algo) Calculating Equivalent Units, Unit Costs, and Cost Assigned (Weighted Average Method) [LO 3-3] Vista Vacuum Company has the following production information for the month of March. All materials are added at th beginning of the manufacturing process. Units Beginning inventory of 3,800 units that are 100 percent complete for materials and 26 percent complete for conversion. 14,400 units started during the period. Ending inventory of 2,500 units that are 12 percent complete for conversion. Manufacturing Costs Beginning inventory was $20,600 ($9,500 materials and $11,100 conversion costs). Costs added during the month were $30,000 for materials and $54,900 for conversion ($27,000 labor and $27,900 applied overhead). Assume the company uses Weighted Average Method. Required: 1. Calculate the number of equivalent units of production for materials and conversion for March. 2. Calculate the cost per equivalent unit for materials and conversion for March. 3. Determine the costs to be assigned to the units transferred out and the units still in process. X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required Required Calculate the number of equivalent units of production for materials and conversion for March. Physical Units 15,700 Equivalent Units Direct onversion Materials 15,700 15,700 Units Completed Ending Inventory Total 2,500 18,200 2,500 18,200 300 16,000 X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required Required Calculate the cost per equivalent unit for materials and conversion for March. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent $ 2.17033 $ 3.626378 Unit X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required Required 2 Determine the costs to be assigned to the units transferred out and the units still in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to the nearest whole dollar amount.) Show less Direct Conversion Total Materials Conversion Cost 105,500 Units Completed Ending Inventory Total Cost Accounted for $ 39,500X $ 5,426 $ 44,926 $ $ 66,000 1,088x 67,088 6,514 112,014