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superior micro products uses the weighted-average method in its process costing system. Superlor Micro Products uses the welghted-average method In Its process costing system. During

superior micro products uses the weighted-average method in its process costing system.

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Superlor Micro Products uses the welghted-average method In Its process costing system. During January, the Delta Assembly Department completed its processing of 25,100 units and transferred them to the next department. The cost of beginning work in process Inventory and the costs added during January amounted to $682,550 In total. The ending work In process Inventory In January consisted of 3,500 units, which were 60% complete with respect to materials and 40% complete with respect to labor and overhead. The costs per equlvalent unit for the month were as follows: Materials Labor Overhead Cost per equivalent unit 13.583.68 8.38 Required: 1. Compute the equivalent units of materials, labor, and overhead In the ending work In process Inventory for the month. 2. Compute the cost of ending work In process Inventory for materlals, labor, overhead, and In total for January 3. Compute the cost of the units transferred to the next department for materlals, labor, overhead, and In total for January. 4. Prepare a cost reconcililation for January. (Note: You will not be able to break the cost to be accounted for Into the cost of beginning work In process Inventory and costs added during the month.) Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3eqed 4 Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month Materials Labor Overhead Equivalent units Required 2>

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