Ques 3

The following is a production report for the Painting Department for Rogue Company, a window manufacturer: Cost (DM $50,000, CC $75,000) Work in process, beginning inventory: 180,000 units 25% complete for DM 35% complete for CC Units started during the period: Units completed and transferred 850,000 units 700,030 units Cost (DM $850,000, CC $650,000) Units in ending inventory: 329,970 units 75% complete for DM 35% complete for CC Required: a. Calculate the equivalent Units for Direct Materials (DM) and Conversion Costs (CC) using the WACM method. Show all your work and calculations. (7.5 Marks) b. Calculate the Cost Per Equivalent Units for both Direct Materials and Conversion Costs. Show all your calculations and round your cost to two decimal points. (7.5 Marks)