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Ridgeway Co. has provided the following information: 4,600 units Work in Process: April 1 (100% complete for materials, 90% complete for conversion) Materials Conversion Units
Ridgeway Co. has provided the following information: 4,600 units Work in Process: April 1 (100% complete for materials, 90% complete for conversion) Materials Conversion Units started April costs Materials Conversion Work in Process: April 30 (70% complete for materials, 10% complete for conversion) $ 17,900 $ 17,700 81,700 units $351,650 $386,375 12,400 units Using the weighted average method of process costing, complete each of the following: a. How many units were completed and transferred to Finished Goods? Units completed and transferred Units b. Calculate equivalent units. Materials Conversion Equivalent Units c. Calculate cost per equivalent unit. (Round your intermediate calculations and final answer to 4 decimal places.) Cost per Equivalent Unit d. What is the dollar amount transferred to Finished Goods? (Round your intermediate calculations to 4 decimal places and final answer to the nearest whole dollar amount.) Transferred to Finished Goods e. Calculate the cost of the ending Work in Process. (Round your intermediate calculations to 4 decimal places and final answer to the nearest whole dollar amount.) Ending Work in Process
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