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Take me to the text Catridge Company uses the weighted average cost method under process costing. It has no beginning work in process inventory. By
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Catridge Company uses the weighted average cost method under process costing. It has no beginning work in process inventory. By the end of the period, the company has transferred units to finished goods and kept units in the work in process inventory. Ending WIP inventory is fully completed as to direct material cost and completed in terms of conversion costs. The company has incurred $ of direct materials and $ of conversion costs.
Do not enter dollar signs or commas in the input boxes.
Round all answers to the nearest whole unit.
a Determine the equivalent units for materials and conversion costs.
tableInputs,,,Outputs,tableBeginningWIPtableAdd CurrentMonthtableTotalProductiontableCompletedTransfer OutEnding WIP,Total OutputstableDirectMaterialsUnitstable EquivalenttableConversionEquivalentUnits
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b Determine the cost per equivalent unit for direct materials and conversion costs, total cost transferred to finished goods, and total cost of ending WIP inventory.
Round the Cost per Unit to decimal places.
tableInputs,Cost per Unit,OutputstableBeginningWIPtableAdd CurrentMonthtableTotalProductiontableCompletedTransfer OutEnding WIP,Total Outputs
tableDirectMaterialsUnitstableDirectMaterialsCost$$$$$$
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