es In each case below, fill in the missing amount. 1. Work in process, September 1 Units started during September Units completed during September 8,000 tons tons 20,000 tons Work in process, September 30 1,000 tons 2. Work in process, February 1 Units started during February Units completed during February Work in process, February 28 3. Work in process, January 1 Units started during the year Units completed during the year Work in process, December 31 80,000 gallons 865,000 gallons gallons 160,000 gallons 14,000 kilograms 2,600 kilograms 7,500 kilograms kilograms Rainbow Glass Company manufactures decorative glass products. The firm employs a process-costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. The company's production schedule for October follows: Units Work in process on October 1 (65% complete as to conversion) Units started during October 4,600 7,400 k Total units to account for 12,000 t Units from beginning work in process, which were completed and transferred out during October 4,600 nces Units started and completed during October 5,000 Work in process on October 31 (40% complete as to conversion) Total units accounted for 2,400 12,000 Required: Calculate each of the following amounts using weighted-average process costing. 1. Equivalent units of direct material during October. 2. Equivalent units of conversion activity during October. Equivalent Units 1. Direct material 2. Conversion Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the firm's sawmill during November. Work in process, November 1 Direct material Conversion Costs incurred during November Direct material Conversion $ 98,500 165,500 $598,700 657,000 S The equivalent units of activity for November were as follows: 8,300 equivalent units of direct material and 2,350 equivalent units of conversion activity. Required: Calculate the cost per equivalent unit, for both direct material and conversion, during November. Use weighted-average process costing. Direct material Cost per Equivalent Unit Conversion 0 4 points eBook Equivalent units of direct material (weighted-average method) Equivalent units of conversion (weighted-average method) Units completed and transferred out during September The cost data for September are as follows: Work in process, September 1 Direct material Conversion Costs incurred during September Direct material Conversion $121,020 52,624 $310,980 444,176 80,000 72,000 71,000 Print References There were 40,000 units in process in the Weaving Department on September 1 (100% complete as to direct material and 40% complete as to conversion). Required: Compute each of the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out of the Weaving Department. 2. Cost of the September 30 work-in-process inventory in the Weaving Department. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cost of goods completed and transferred out of the Weaving Department. (Round "Costs per equivalent unit" to 2 decimal places.) Cost of goods completed and transferred out Required 1 Required 2 > 10 4 points The cost data for September are as follows: Work in process, September 1 Direct material Conversion Costs incurred during September Direct material Conversion $121,020 52,624 $310,980 444,176 eBook Print References There were 40,000 units in process in the Weaving Department on September 1 (100% complete as to direct material an complete as to conversion). Required: Compute each of the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out of the Weaving Department. 2. Cost of the September 30 work-in-process inventory in the Weaving Department. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cost of the September 30 work-in-process inventory in the Weaving Department. (Round "Costs per equivalent unit" to 2 decimal places.) Direct material Conversion Total < Required 1 Required 2