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Required information [The following information applies to the questions displayed below.] Saddleback Company makes camping lanterns using a single production process. All direct materials are
Required information [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) Units 126,300 Costa Direct materials Conversion cost $ 185,000 337,000 Total cost of beginning work in process $ 522,000 Number of units started 236,000 Number of units completed and transferred to finished goods. 334,100 Ending work in process (65% complete) Direct materials Current period costs Conversion cost Total current period costs $ 500,400 641,000 1,141,400 Required information Required: 1. Using the weighted-average method of process costing, complete each of the following steps: 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. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Req ID Using the weighted-average method of process costing, reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Physical Units 126,300 Units Completed 236,000 Ending Units Physical Units 334,100 28,200 362,300 362,300 Total Units Required information Required: 1. Using the weighted-average method of process costing, complete each of the following steps: 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. Complete this question by entering your answers in the tabs below. os Req 1A Req 18 Req 1C Using the weighted-average method of process costing, calculate the number of equivalent units. Units Completed Ending Inventory Total Equivalent Units Physical Units Direct Materials Conversion 334,100 334,100 Required information Required: 1. Using the weighted-average method of process costing, complete each of the following steps: 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. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Req 1D Using the weighted-average method of process costing, calculate the cost per equivalent unit. Note: Round Cost per Equivalent Unit to 5 decimal places. Direct Materials Conversion Cost per Equivalent Unit Required information Required: 1. Using the weighted-average method of process costing, complete each of the following steps: 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. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 1C Req 10 Using the weighted-average method of process costing, reconcile the total cost of work in process. Note: Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest dollar amount. Direct Materials Conversion Total Cost Units Completed Ending Inventory Total Cost Accounted for $ 0 S 0 $ 0
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