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Sansui Company uses the weighted-average method in its process costing system. The following data were taken from the company's accounting records: Beginning work in
Sansui Company uses the weighted-average method in its process costing system. The following data were taken from the company's accounting records: Beginning work in process inventory (100% complete as to materials; 60% complete as to conversion) Materials Conversion Started in process during the period Materials costs added during the month Conversion costs added during the month Ending work in process inventory (100% complete as to materials; 1000 units $106.000 $97.200 8000 units $560.000 $390.000 70% complete as to conversion) 2000 units a) What were the equivalent units of production for conversion costs? b) What were the equivalent units of production for materials costs? c) What is the cost per equivalent unit for conversion for the month? d) What is the cost per equivalent unit for materials for the month? e) What is the cost per equivalent whole unit for the month?
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