Sparky Corp uses the weighted average method of process costing...

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Sparky Corporation uses the weighted-average method of process costing. Ihe tollowing Intormation is avallable tor February in its Molding Department Units: Beginning inventory: 38,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 136,000. Units completed and transferred out: 174,000. Ending inventory: 36,500 units, 100% complete as to materials and 25% complete as to conversion. 16 00-36 36 Costs Costs in beginning Work In Process - Direct Materials: $56,000. Costs In beginning Work In Process-Conversion: $61,850 Costs Incurred in February - Direct Materials: $375,730 Costs incurred in February - Conversion: $612,150. Calculate the cost per equlvalent unit of materials. Multiple Cholce $264 0 $1.63 $238 During March, the production department of a process operations system completed and transferred to finished goods 29,000 units that were In process at the beginning of March and 130, that were started and completed in March March's beginnin inventory units were 10 % complete m respect to mate als and %complete with re pe t labor A heen March 21,000 additional units ere in process in the production department and were 10 % complete ith respect o materials and 7 % complete with respect to a or Th production department incurred direct labor cost of $579,300 and its beginning Inventory Included labor cost of $55,100. Compute the direct labor cost per equivalent unit for the department using the weighted-average method. 00-37 22 Multiple Choice $3.34. $3.99 $3.64 $3.65 44 46