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Ending inventory of 3,700 units that are 11 percent complete for conversion. Manufacturing Costs Beginning inventory was $20,100 ($10,100 materials and $10,000 conversion costs). Costs
Ending inventory of 3,700 units that are 11 percent complete for conversion. Manufacturing Costs Beginning inventory was $20,100 ($10,100 materials and $10,000 conversion costs). Costs added during the month were $30,300 for materials and $50,900 for conversion ($27,000 labor and $23,900 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 Calculate the number of equivalent units of production for materials and conversion for March. Physical Units Equivalent Units Direct Materials Conversion 15,200 15,200 Units Completed 15,200 3.700 3,700 407 Ending Inventory Total 18,900 18,900 15,607 Beginning inventory of 4,300 units that are 100 percent complete for materials and 28 percent complete for conversion. 14,600 units started during the period. Ending inventory of 3,700 units that are 11 percent complete for conversion. Manufacturing Costs Beginning inventory was $20,100 ($10,100 materials and $10,000 conversion costs). Costs added during the month were $30,300 for materials and $50,900 for conversion ($27,000 labor and $23,900 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 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 14,600 units started during the period. Ending inventory of 3,700 units that are 11 percent complete for conversion. Manufacturing Costs Beginning inventory was $20,100 ($10,100 materials and $10,000 conversion costs). Costs added during the month were $30,300 for materials and $50,900 for conversion ($27,000 labor and $23,900 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 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.) Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for $ 0 $ 0 $ 0
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