Happy Toddler produces goods that go through two or more processes using the weighted average method to calculate unit costs. During April, per equivalent unit is calculated as follows: SEE PICTURE THANKS

The cost per unit is calculated as follows:

Materials $0.50

Conversion Fee$0.25

Total$0.75

Requested:

a. Determine the cost of ending work-in-process inventory and the cost of goods transferred out.

b. Prepare a physical report, if possible.

matenal Ingredients anversin cost Chit competed S000 5000 unit, goods in Progress and Finished percentage = 3000 x 0% 3000 x 708 2100 Sooo 7000 unit atput equacent Cost per Alt $0.50 material Conversion TOTAL $.025 $ 0.75