having trouble with the 'total costs to account for:' it says my values are wrong there
[The following information applies to the questions displayed below) During April, the first production department of a process manufacturing system completed its work on 395,000 units of a product and transferred them to the next department. Of these transferred units, 79,000 were in process in the production department at the beginning of April and 316,000 were started and completed in April. April's beginning inventory units were 80% complete with respect to materials and 20% complete with respect to conversion At the end of April, 101,000 additional units were in process in the production department and were 85% complete with respect to materials and 35% complete with respect to conversion . Exercise 03-9 Weighted average: Costs assigned to output and inventories LO C2 The production department had $1336.480 of direct materials and $970,047 of conversion costs charged to it during April. Also, its April beginning inventory of $270,083 consists of $250,325 of direct materials cost and $19.758 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 3. Using the weighted-average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory (Round "Cost per EUP" to 2 decimal places.) Required 1. and 2 Equivalent Units of Production (EUP). Weighted Average Method Units % Materials Units completed and transferred out 395 000 100% Units in ending Inventory 101.000 85% Equivalent units of production 496.000 Cost per Equivalent Unit of Production Costs of beginning inventory Costs incurred this period Total costs Costs -Equivalent units of production EUP Cost per equivalent unit of production rounded to 2 decimals) Total Costs to Account for: Direct materials - Current period $250.325.00 Direct materials - Prior period 1336,480.00 EUP Materials 395 000 85,850 480 850 Materials 5 250,325 1 336,480 5 1.585,805 480 850 5 3.30 % Conversion EUP...Conversion 100% 395.000 35% 35 350 430 350 Conversion $ 19.758 970.047 Costs 5 989 805 EUP 430,350 S 230 Required information 100% 85% 100% 35% 395,000 35,350 395,000 85,850 480,850 Materials $ 250,325 1,336 480 $ 1,586 805 480 850 $ 3.30 (Units completed and transferred out 395 000 Units in ending inventory 101 000 Equivalent units of production 496 000 Cost per Equivalent Unit of Production Costs of beginning inventory Costs incurred this period Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Direct materials - Current period $250 325.00 Direct materials. Prior period 1 336 480 00 Conversion Current period 19,758 00 Conversion - Prior period 970.04700 Total costs to account for 5257661000 Total costs accounted for 2.576 610.00 Difference due to rounding costruit 0.00 430,350 Conversion 5 19,758 970,047 $ 989,805 430 350 $ 230 Costs EUP Costs EUP EUP Cost per EUP Total cost 395.000 $ 3.30 S 1303,500.00 395 000 s 230 908 500.00 Required 3 Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total cost transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total cost accounted for $ 2.212.000.00 EUP Cost per EUP Total cost 85,0505 330 5 283,305.00 35,350 5 230 8130500 364.610.00 $ 2.576,610 00
