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Midway Metai, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting The Work in Process inventory T-account for the
Midway Metai, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting The Work in Process inventory T-account for the Bending department is shown below. The 3,600 units in beginning work in process inventory had direct materials costs of $4,000 and conversion costs of $3,200. Also shown is unit data for the Bending department this period a. Compute equivalent units of production for both direct materials and conversion b. Compute cost per equivalent unit of production for both direct materials and conversion c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory Compute equivalent units of production for both direct materials and conversion. Compute cost per equivalent unit of production for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)
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