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South river manufactures a product called Logo. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process.

South river manufactures a product called Logo. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process. The following data pertain to the month of March.

Units
Work in process 1st March (60% complete) 6,000
Units started during March 52,000
Work in process 31st March (40% complete) 12,000

Costs incurred
Direct materials Conversion costs
Work in process 1st March (60% complete) $15,750 $24,810
Costs incurred during March $123,450 $132,670

1) Using the weighted average method of process costing, calculate the equivalent units of direct materials for the month of March. 2) Using the weighted average method of process costing, calculate equivalent units of conversion activity for the month of March. 3)Using the weighted average method of process costing, calculate the cost per equivalent unit of direct materials for the month of March. 4) Using the weighted average method of process costing, calculate the cost per equivalent unit of conversion activity for the month of March. 5) Using the weighted average method of process costing, calculate the cost of goods completed and transferred during March 6) Using the weighted average method of process costing, calculate the total cost remaining in work in process on March 31st.

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