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Sparky Corporation uses the weighted - average method of process costing. The following information is available for February in its Molding department: Units Direct materials
Sparky Corporation uses the weightedaverage method of process costing. The following information is available for February in its Molding department:
Units Direct materials Percent Complete Conversion Percent Complete
Beginning work in process inventory
Units started and completed
Units completed and transferred out
Ending work in process inventory
Production cost information for the Molding department follows.
Beginning work in process
Direct materials $
Conversion $
Costs added this period
Direct materials $
Conversion
Calculate the cost per equivalent unit of direct materials.
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