ezto.mheducation.com Logins | Alvernia University Learning Resources - MBA... Thread: Discussion 3 - MB.. McGraw Hill Question 5 - Week 3 Exerc... eBooks - My Bookshelf Illustration of Process Cos... Exercises Week 3 Exercises i Saved Help Save & Exit Submit Check my work 5 Exercise 4-23 Analysis of Total Costs; Weighted-Average (LO 4-5) 10 The following data pertain to Tulsa Paperboard Company, a manufacturer of cardboard boxes. points Work in process, February 1 13, 000 units* Direct material $ 10, 600 Conversion 16, 500 eBook Costs incurred during February Direct material $160, 600 Conversion 132, 250 Print *Complete as to direct material; 20% complete as to conversion. The equivalent units of activity for February were as follows: References Direct material (weighted-average method) 107, 000 Conversion (weighted average method) 85, 000 Completed and transferred out 78, 500 Required: Compute the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out during February. 2. Cost of the February 28 work-in-process inventory. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cost of the February 28 work-in-process inventory. (Round "Costs per equivalent unit" to 2 decimal places.) Mc Graw Hill