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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

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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 the beginning of the manufacturing process. Units Beginning inventory of 4,100 units that are 100 percent complete for materials and 27 percent complete for conversion . 15,900 units started during the period. Ending inventory of 3.200 units that are 14 percent complete for conversion Manufacturing Costs Beginning inventory was $20,300 ($10,700 materials and $9,600 conversion costs). . Costs added during the month were $30,400 for materials and $48,700 for conversion ($27,800 labor and $20,900 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 Beginning inventory of 4100 units that are 100 percent complete for materials and 27 percent complete for conversion . 15.900 units started during the period, Ending inventory of 3.200 units that are 14 percent complete for conversion Manufacturing Costs Beginning inventory was $20,300 ($10.700 materials and $9,600 conversion costs) . Costs added during the month were $30,400 for materials and $48,700 for conversion ($27,800 labor and $20,900 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 R. 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 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the cost per equivalent unit for materials and conversion for March. (Round cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion $ 2.06000 $ 3.38000 Cost per Equivalent Unit 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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 Unit IS 2.06000 $ 3.38000 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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.) Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for Direct Materials $ 34,608 $ 56,784 $ 91,392 91,392 % 91,392 $ 0 (Required 2 Required 3

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