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Homework: Chapter 18 Graded Lab/Assignment due March 13th 11 Question 6, Exercise 18-16 (similar to) Part 2 of 5 HW Score: 26.36%, 13,18 of 50

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Homework: Chapter 18 Graded Lab/Assignment due March 13th 11 Question 6, Exercise 18-16 (similar to) Part 2 of 5 HW Score: 26.36%, 13,18 of 50 points Points: 0 of 10 Save Bio Track Corporation is a biotech company that makes a cancer treatment drug in a single processing department Direct materials are added at the start of the process. Conversion costs are added evenly during the procent. Bio Track uses the weighted average method of process conting. The following information for July is available m Click the icon to view the date) (Chok the icon to view the total costs) Required Incorrec GE Requirement 1. Calculate the cost per equivalent unit for direct materials and conversion costs. Enter the physical units first and then calculate the equivalent units. (Round your answers to the nearest whole unit.) Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process, beginning 12,600 Started during current period 49,600 62.200 To account for Completed and transferred out during current period 42.400 0 19,800 Work in process, ending 42400 62,200 Accounted for 49500 Work done to date ersion costs are added evenly during the process. Bio Track uses the weighted average method of process costing. The following information for July is icon to view the data) (Click the icon to view the total costs.) Incorrect - X Required 1. Calculate the c sical units first and 1. Calculate the cost per equivalent unit for direct materials and conversion costs 2. Summarize total costs to account for, and assign total costs to units completed (and transferred out) and to units in ending work in process. Flow of Prod ess, beginning Print Done g current period or and transferred out 19,800 42400 Sess, ending 62,200

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