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TB MC Qu. 16-110 (Algo) Sparky Corporation uses the weighted-average... Sparky Corporation uses the weighted-average.method of process costing. The following information is available for February
TB MC Qu. 16-110 (Algo) Sparky Corporation uses the weighted-average... Sparky Corporation uses the weighted-average.method of process costing. The following information is available for February in its Molding department: 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 $ 55,000 60,850 Multiple Choice $369,560 611,150 Calculate the cost per equivalent unit of direct materials. Units 37,000 134,000 171,000 36,000 $ 115,850 980,710 Complete 60% 35%
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