SCENARIO QUESTION 2-YOU MAY USE WORD OR EXCEL TO COMPLETE THESE QUESTIONS

Miller Manufacturing passes its product through several departments, the last of which is the Finishing Department. Conversion costs are added evenly throughout the process in this department. 20% of the direct materials are added at the beginning of the process with the remaining 80% added when the process is half complete.

During March, 375,000 units of product were transferred to finished goods. Of these units, 125,000 units were 45% complete with respect to conversation costs at the beginning of the period and 250,000 were started and completed during the period. At the end of March, the work in process inventory included 150,000 units that were 15% complete with respect to conversion costs. Total costs to account for include $842,000 for conversion costs and $903,000 for direct materials.

Question 15 (6 points) - Determine the equivalent units of production with respect to conversion costs and with respect to direct materials for the Finishing Department.

Question 16 (2 points)-Compute the conversion cost and the direct materials cost per equivalent unit.

Question 17 (6 points) - Compute the amount on conversion cost and the amount of the direct materials co

assigned to the units completed and to the ending work in process inventory.