Question
Four Seasons Company makes snow blowers. 100% of the materials are added at the beginning of the process. This means that beginning and ending inventories
Four Seasons Company makes snow blowers. 100% of the materials are added at the beginning of the process. This means that beginning and ending inventories are 100% complete with respect to DM. The conversion costs are uniformly incurred. The physical units in the beginning inventory are 70% complete with respect to conversion costs and the ending inventory is 50% complete with respect to conversion costs.
Other data for the month include: Beginning WIP inventory 200 units Units transferred out 590 units Units in ending inv. 200 units Beginning work-in-process costs: Materials $130,000 Conversion $111,000 The DM cost/eu was determined to be $630 The CC cost/eu was determined to be $492. What is the cost associated with each unit completed during the month using the weighted average method?
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