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Kalox, Inc. manufactures an antacid product. Data for May follows: The beginning work in process inventory was 30% complete as to materials and 10% with
Kalox, Inc. manufactures an antacid product. Data for May follows: The beginning work in process inventory was 30% complete as to materials and 10% with respect to conversion (labor and overhead). The ending work in process inventory was 60% complete as to materials and 60% as to conversion costs. Using the weighted average method, determine the: The equivalent units for materials using the weighted average method are The equivalent units for conversion costs using the weighted average method are The cost per unit for materials using the weighted average method is (round this number to the nearest penny $x.xx) The cost per unit for conversion costs using the weighted average method is (round this number to the nearest penny $x.xx )
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