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question 4 and 5 please 4) There were 2,000 units in beginning inventory that were 70% complete with regard to conversion. During the month, 15.000

question 4 and 5 please image text in transcribed
4) There were 2,000 units in beginning inventory that were 70% complete with regard to conversion. During the month, 15.000 units were started and 16,000 were transferred to finished goods. The ending work in process was 55% complete with regard to conversion costs, and materials are added at the beginning of the process. What is the total amount of equivalent units for materials and conversion at the end of the month using the weighted average method? Solution Units Materials Conversion Beginning inventory Started in production Units to account for Equivalent Units Materials Conversion Transferred out Ending inventory Units accounted for 5) Time Machine Hot Tubs has these costs associated with production of 20,000 units of accessory products: direct materials, 570; direct labor, $110, variable manufacturing overhead, $45; total fixed manufacturing overhead, S800,000. What is the cost per unit under both the variable and absorption methods? Solution Per-Unit Cost per Variable Costing Per-Unit Cost per Absorption Costing

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