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Please help 4.6 Heix Corporation uses the weignied-average meunou in its process cosung system. it produces prefabricated nooring in a serie steps carried out in
Please help 4.6
Heix Corporation uses the weignied-average meunou in its process cosung system. it produces prefabricated nooring in a serie steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow. Percent Complete Materials Work in process inventory, May 1 Work in process inventory, May 31 Units 55,000 100% 100% Conversion 40% 25% 35,000 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production $ 47,100 $ 12,900 247,500 267,500 $ 64,825 Units transferred to the next production department Materials cost added during May Conversion cost added during May $ 186,000 Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for May. 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for M 4. Compute the first production department's cost of the units transferred to the next production department for materials, convers and in total for May Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the first production department's equivalent units of production for materials and conversion for May. Materials Conversion Equivalent units of production 4 Homework i Materials Conversion 55,000 100% 40% 35,000 100% 25% Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production $ 47,100 Units transferred to the next production department Materials cost added during May $ 12,900 247,500 267,500 $ 64,825 Conversion cost added during May $ 186,000 Required: 1. Calculate the first production department's equivalent units of production for materials and conversion for M 2. Compute the first production department's cost per equivalent unit for materials and conversion for May. 3. Compute the first production department's cost of ending work in process inventory for materials, conversie 4. Compute the first production department's cost of the units transferred to the next production department and In total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost per equivalent unit for materials and conversion for May. (Round you to 2 decimal places.) Materials Conversion Cost per equivalent unit Required 3 > Step by Step Solution
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