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Shirley Processing Incorporated (SPI) makes adhesive tape. The following information on the physical flow of units and costs for month of March Shirley Processing, Incorporated
Shirley Processing Incorporated (SPI) makes adhesive tape. The following information on the physical flow of units and costs for month of March
Shirley Processing, Incorporated (SPI) makes adhesive tape. The following information on the physical flow of units and costs for month of March: Quantities Beginning work-in-process Started To account for Transferred out Ending work in process Accounted for Percentage Complete Physical units Materials 119,000 100% Conversion 963,000 1,082,000 987,500 100% 100% 94,500 100% 1,082,000 Cost Beginning work-in-process Current period Total Required: Total Direct materials Conversion $ 230,570 2,115,282 $179,10 1,357,830 $31,398 757,452 $ 2,325,852 $ 1,537,03 5788,842 a. Compute the equivalent units for the conversion cost calculation for March assuming Shirley Processing. Incorporated uses the weighted average method. b. Compute the cost per equivalent unit for direct materials and conversion costs for March assuming Shirley Processing. Incorporated uses the weighted average method. Complete this question by entering your answers in the tabs below.
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