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Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work Complete this question by entering your
Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work Complete this question by entering your answers in the tabs below.
Required
Required
Required
Compute cost per equivalent unit of production for both direct materials and conversion.
Note: Round "Cost per EUP" to decimal places. Complete this question by entering your answers in the tabs below.
ces
Required
Required
Assign costs to the department's outputspecifically, to the units transferred out and to the units in ending work in process inventory.
Note: Round "Cost per EUP" to decimal places.
tableCost assignmentWeighted average,EUP,Cost per EUP,Total cost,Completed and transferred out,,,,Direct materials,,,,ConversionEnding work in process,,,,Direct materials,,,,ConversionTotal costs accounted for,,,,
in Process Inventory Taccount for the Bending department is shown below. The units in beginning work in process inventory
had direct materials costs of $ and conversion costs of $ 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 outputspecifically, to the units transferred out and to the units in ending work in process
inventory.
Complete this question by entering your answers in the tabs below.
Compute equivalent units of production for both direct materials and conversion.
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