pute equivalent units (process costing Step 2) (Learning Objective2) op Glove provided the following data for December for the first department in its pro- S5-5 Com duction line Units Materials Overhead Work in process inventory, Dec. 1 Units started in process Units transferred out Work in process inventory, Dec. 31 40,000 100,000 110,000 30,000 The work in process inventory on December 1 was 50% complete with respect to materi- ess inventory was 70% complete with respect als and overhead. The ending work in proc to materials and overhead. Complete the table above by computing the equivalent units of direct materials and overhead in the department. Compute the equivalent units (process costing Step 2) Learning Objective 2) Thestar uses the weighted-average method in its process costing system. transferred from the Shaping Department to the Painting Department. Operating data for S5-6 the Painting Department for the month of January are as follows Percent with Respect 70% Units to Conversion 1,200 Beginning work in process inventory Transferred in from the prior department during April Ending work in process inventory 30,000 2,000 80% What were the equivalent units for conversion costs in the Painting Department in January? S5-7 Summarize total costs to account for (process costing Step 3) Learning Objective 3) Macintyre Company's Work in Process Inventory account had a $68,000 beginning balance on May 1 ($43,000 of this related to direct materials used during April, while S25,000 related to conversion costs incurred during April. During May, the following costs were incurred in the department Direct materials used Direct labor Manufacturing overhead allocated to the department $103,000 s12,000 150,000 Summarize the department's "Total costs to account for. Prepare a schedule that summarizes the department's total costs to account for by direct materials and conversion costs Compute the cost per equivalent unit (Learning Objective 3) Ricoh provided the following data concerning March's activity in the Fixing Department s5-8 Materials Conversion Equivalent units of production in ending work in process..... 2,600 Cost per equivalent unit. S2350 $13.22 The company uses process costing: 1,500 units were completed and transferred to the next department during the month. next department and the cost of the ending work in process inventory Compute the cost of the units transferred to the