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show steps and table Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction Industry). The following information
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Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction Industry). The following information is for the production of these trusses for the month of February. Required Using the weighted-average method, calculate the following: 1-a. Costs per equivalent unit (Round your answers to 4 decimal ploces.) 1-b. Cost of goods completed and transferred out: (Round "Cost per EU") to 4 declmal places. Round final answer to nearest whole dollars.) 1-c. Costs remaining in the Work-In-Process Inventory account. (Round "Cost per EU" to 4 decimal places. Do not round other Intermedlate calculations. Round final answer to nearest whole dollars.) 2. Assume that you are the company's controller. The production department's February equivalent unit cost is higher than expected. If the manager of the first department asks you to do him a favor by increasing the ending inventory completion percentage from 40 to 60% to lower the unit costs, how much would unit cost be affected by this request? (Round your answer to 4 decimal places.) Step by Step Solution
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