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Required information PA3-3 and PA3-4 (Algo) Preparing a Process Costing Production Report [LO 3-2, 3-3, 3-4, 3-5] [The following information applies to the questions displayed
Required information PA3-3 and PA3-4 (Algo) Preparing a Process Costing Production Report [LO 3-2, 3-3, 3-4, 3-5] [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: 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 PA3-3 (Algo) Weighted-Average Method [LO 3-2, 3-3] 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. A1111__ FLI Units 122,300 Required: 1. Using the weighted-average method of process costing, complete each of the following steps: In F4 &L Lat... 252,000 335,700 ? Costs $ 201,000 353,000 $ 554,000 $ 516,400 657,000 1,173,400
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