QUESTION 8 Physical Units Beginning WIP New units started Ending WIP 190 430 30 *Beginning WIP was 100% complete for direct materials, and 50% complete for conversion costs **Ending WIP was 100% complete for direct materials, and 50% complete for conversion costs. Using the weighted average method, what is the equivalent units of work done to date for conversion costs? QUESTION 6 Physical Units Beginning WIP New units started Ending WIP 190 430 T30 "Beginning WIP was 100% complete for direct materials, and 70% complete for conversion costs **Ending WIP was 100% complete for direct materials, and 70% complete for conversion costs. Using the FIFO method, what is the equivalent units of work done during this period for conversion costs? QUESTION 8 Equivalent Units (This Period Only) Flow of Production Conversion Costs WIP: Beginning Started during current period To account for Physical Units Direct Materials 2000 7000 9000 2000 1200 Completed & transferred out during current period From Beginning WIP (0% DM, 60% CC this period) Started and Completed (100% DM, 100% CC) WIP: Ending (100% DM, 30% CC) Units accounted for Equivalent units of work done THIS PERIOD 4000 4000 4000 3000 900 3000 9000 7000 Direct Materials Conversion Costs WIP: Beginning - Costs added in current period 18,000 82,000 11,000 84,000 Note: The company completes items in beginning inventory first. Using the above information and the FIFO method, calculate the balance for the WIP inventory account (in dollars) at the end of the period. (Round to nearest dollar after calculations are complete. Do not round early.) Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers QUESTION 10 Equivalent Units Flow of Production Direct Materials Conversion Costs Physical Units WIP: Beginning Started during current period To account for 2000 7000 9000 Completed & transferred out during current period 6000 6000 6000 WIP: Ending (100% DM, 30% CC) 3000 3000 900 9000 Units accounted for Equivalent units of work done to date 9000 6900 Direct Materials Conversion Costs WIP: Beginning 16,000 12,000 Costs added in current 81.000 85,000 period Using the above information and the weighted average method, calculate the amount of inventory (in dollars) that was transferred to finished goods inventory during the period. (Round to nearest dollar after calculations are complete. Do not round early.)