Question
Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow of units is available
Materials are added at the beginning of the production process at Campo Company. The following information on the physical flow of units is available for the month of November. Beginning work in process (52% complete) Started in November Completed in November and transferred out Ending work in process (55% complete) Cost data for November show the following. Beginning WIP inventory Direct materials costs Conversion costs Current period costs 24,300 40,700 Direct materials costs Conversion costs $ 350,950 1,219,550 65,000 600,000 580,000 85,000 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
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