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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: c. Total cost per equivalent unit. Note: Round your final answers to 4 decimal places. 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. a. Units completed and transferred b. Equivalent Units - Materials b. Equivalent Units - Conversion c. Cost per equivalent unit - Direct Materials c. Cost per equivalent unit - Conversion d. Transferred to Finished Goods e. Ending Work in Process 25,700 units $ 35,700 $ 13,900 $ 2.7925 81,400 units $ 122,000 $ 251,000 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 amount. 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 amount. 15,300 units R24 Using the weighted-average method of process costing. determine the following: o. 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 decimol places. 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 amount. 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 amount
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: c. Total cost per equivalent unit. Note: Round your final answers to 4 decimal places. 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. a. Units completed and transferred b. Equivalent Units - Materials b. Equivalent Units - Conversion c. Cost per equivalent unit - Direct Materials c. Cost per equivalent unit - Conversion d. Transferred to Finished Goods e. Ending Work in Process 25,700 units $ 35,700 $ 13,900 $ 2.7925 81,400 units $ 122,000 $ 251,000 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 amount. 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 amount. 15,300 units R24
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