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of 3 Required information [The following information applies to the questions displayed below.] Victory Company uses weighted average process costing. The company has two
of 3 Required information [The following information applies to the questions displayed below.] Victory Company uses weighted average process costing. The company has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Additional information for the first process follows. Direct Materials Conversion ok nt Units Percent Complete Beginning work in process inventory Units started this period 76,000 100% Percent Complete: 80% 820,000 ences Units completed and transferred out Ending work in process inventory 715,000 181,000 100% 50% Direct materials Beginning work in process inventory Conversion Costs added this period. Direct materials Conversion $291,200 60,413 $ 351,613 1,948,800 1,147,837 Total costs to account for 3,096,637 $ 3,448,250 9 conversion: Required information t3 of 3 Check my work nun ns/ 3. 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.) Cost assignment-Weighted average nts Completed and transferred out eBook i Print Direct materials Conversion oferences Ending work in process Direct materials Conversion Total costs accounted for EUP Cost per EUP Total cost $ 0.00 $ 0 $ 0.00 0
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