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Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow a units is available for
Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow a units is available for the month of November. Beginning work in process (70% complete) Started in November Completed in November and transferred out Ending work in process (40% complete) Cost data for November show the following. 90,000 1,020,000 960,000 150,000 Beginning WIP inventory Direct materials costs. $ 35,670 Conversion costs Current period costs 110,630 Direct materials costs $ 408,330 1,521,370 Conversion costs. Required: a. Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted-average method. b. Compute the cost per equivalent unit for materials and conversion costs for November. Complete this question by entering your answers in the tabs below. Required A Required B Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted-average method. Equivalent units Beginning WIP inventory Direct materials costs Conversion costs Current period costs. $ 35,670 110,630 Direct materials costs $ 408,330 Conversion costs 1,521,370 equired: Compute the cost equivalent units for the conversion cost calculation assuming Campo uses the weighted-average method. Compute the cost per equivalent unit for materials and conversion costs for November. Complete this question by entering your answers in the tabs below. Required A Required B Compute the cost per equivalent unit for materials and conversion costs for November. (Round your answers to 2 decimal places.) aterials onversion costs Cost Per Equivalent Units < Prev 15 of 17 Next >
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