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krauskopf inc. uses the weighed averaged method in its process costing system. the following data concern the operations of the companys first processing department for
krauskopf inc. uses the weighed averaged method in its process costing system. the following data concern the operations of the companys first processing department for march WIP march units materials conversion WIP march units materials conversion materials cost in march WIP $ conversion cost in march WIP $units completed and transferred out materials cost added in march $conversion cost added in march $a determine the equivalent units of production for materials and conversion costs. b determine the cost per equivalent unit for materials and conversion costs. c determine the cost of ending WIP at the end of the month. d determine the cost of the units completed and transferred out e prepare a cost reconciliation
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