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Sierra Company has provided the following information: Work in process, February 1 (100% complete for materials, 60% complete for conversion) Materials Conversion Units started in
Sierra Company has provided the following information: Work in process, February 1 (100% complete for materials, 60% complete for conversion) Materials Conversion Units started in February February costs: Materials Conversion Work in process, February 28 (100% complete for materials, 20% complete for conversion) Required: 26,600 units $ 36,800 $ 34,300 81,800 units $ 134,000 $ 245,000 Using the weighted-average method of process costing, determine the following: a. Physical units completed and transferred to Finished Goods. b. Equivalent units for direct materials and conversion costs. c. Total cost per equivalent unit. Note: Round your final answers to 4 decimal places. 16,500 units d. The value assigned to units transferred to Finished Goods. Note: Round your intermediate calculations to 4 decimal places and final answer to the nearest whole dollar amo e. The cost assigned to ending Work in Process Inventory. Note: Round your intermediate calculations to 4 decimal places and final answer to the nearest whole dollar amo
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