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Please Type answer with equation. Thank you. Required Information (The following information applies to the questions displayed below.] Saddleback Company makes camping lanterns using a
Please Type answer with equation. Thank you.
Required Information (The following information applies to the questions displayed below.] Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows: Units 119,300 Costs $ 195,000 347, Bea 542,888 $ Beginning work in process (30% complete) Direct materials Conversion cost Total cost of beginning work in process Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs Direct materials Conversion cost Total current period costs 246,800 335.lee $ 510,400 651, Bea $1,161,480 Required: 1. Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of equivalent units. c. Calculate the cost per equivalent unit. d. Reconcile the total cost of work in process. Complete this question by entering your answers in the tabs below. Req 1A Reg 1B Reg 10 Req 1D Using the weighted-average method of process costing, reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Started Units Completed Ending Units Total Units Total Units Reg 1A Reg 1B > Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 1C Reg 1D Using the weighted-average method of process costing, calculate the number of equivalent units. Equivalent Units Direct Materials Conversion Physical Units Units Completed Ending Inventory Total Complete this question by entering your answers in the tabs below. REQIA Reg 1A Req18 | Regie | REG ID Reg 1B Reg 10 Reg 1D Using the weighted-average method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit Req 1A Req 1B Reg 10 Req 1D Using the weighted average method of process costing, reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest dollar amount.) Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for Reg 10 >Step by Step Solution
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