Materials Conversion Whale Unit Cost per equivalent unit Note: There is difference of "$4 in both the values due to rounding and we feel a note which reads: "Due to rounding your "Cost accounted for" may not be equal to "Cost to account for Cost Reconciliation Total Cost Equivalent Units (EU) Materials Conversion Cost accounted for as follows: Transferred to next department Work in process ending Materials Conversion Tota! Total cost S 0 Piev 1 of 1 !!! Next arch Collabria Connect 52Fnewconnect.mheducation.com%252Fw/activity/qu Home - MySaskHe... Sociology Musk Canvas WebEx X Crochet Blanket Patient Portal Out... work Savod Help Save C Callisto Company manufactures chemical additives for industrial applications. As the new cost accountant for Callisto, you have been assigned the task of completing the production cost report for the most recent period. Callisto uses the weighted average cost method of process costing. The following information pertains to the most recent period: Beginning WTP Inventory Units started into production this period Units completed and transferred out Ending WIP inventory 16,900 units (70% complete as to materials; 75% complete as to conversion.costs) 25,000 units 32,908 units 9,000 units (55% complete as to materials: 55% complete as to conversion costs) $ 131,000 materials: $169,000 conversion costs $ 250,000 materials; $431,000 conversion costs Costs in beginning inventory Current period costs Required: Prepare a complete production report for the period using the weighted average cost method (Round "Cost per equivalent unit" to 3 decimal places and the rest to the nearest whole number.) Quantity Schedule Units to be accounted for Work in process beginning Started into production 16.900 25,000 1+ on Pre 1 of 1 HI! Nex Seved Help Save C Materials Convernion Whole Unit Cost per equivalent unit Note: There is difference of "$4 in both the values due to rounding and we feel a note which reads: "Due to rounding your "Cost accounted for may not be equal to "Cost to account for. Cost Reconciliation Total Cost Equivalent Units (EU) Materials Conversion Cost accounted for as follows Transferred to next department Work in process, ending Materials Conversion Total Total cost 0 S 0 0 Prey 1 of 1 Next earch O EI ** Homework Savod Help Save & Exit Check my Callisto Company manufactures chemical additives for industrial applications. As the new cost accountant for Callisto, you have been assigned the task of completing the production cost report for the most recent period. Callisto uses the weighted average cost method of process costing. The following information pertains to the most recent period: Beginning WIP Inventory Units started into production this period Units completed and transferred out Ending WIP inventory Costs in beginning inventory Current period costs 16,900 units (78% complete as to materials; 75% complete as to conversion costs) 25,000 units 32,900 units 9,000 units (55% complete as to materials; 55% complete as to conversion costs) $ 131,000 materials $169,280 conversion costs $ 250,000 materials: $431,000 conversion costs Required: Prepare a complete production report for the period using the weighted average cost method (Round "Cost per equivalent unit" to 3 decimal places and the rest to the nearest whole number) Quantity Schedule Units to be accounted for Work in process, beginning Started into production 16.900 25,000 tonn Prey 1 of 1 Next Search O RE 40
