The company completed units during March. Manufacturing costs incurred during March were direct materials costs of and conversion costs of . Inventory at March 1 was carried at a cost of (direct materials, and conversion costs, ).
The Sunline Processing Company had work in process at the beginning and end of March 2020 in its Painting Department as follows: (Click the icon to view the work-in-process information.) The company completed 30,000 units during March. Manufacturing costs incurred during March were direct materials costs of $200,000 and conversion costs of $300,000. Inventory at March 1 was carried at a cost of $25,000 (direct materials, $5,000 and conversion costs, $20,000). Assuming Sunline uses weighted average costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory. Equivalent Units Direct Conversion Materials Costs Physical Units 5000 Flow of Production Work in process beginning Started during current period LILIT To account for Completed and transferred out during current period Work in process, ending Accounted for Equivalent units of work done to date Total Direct Materials Conversion Costs Production Costs Total costs to account for Now calculate cost per equivalent unit for direct materials and conversion costs. (Round your answer to the nearest cent.) Direct Materials Conversion Costs Divide by Cost per equivalent unit Finally, assign total costs to units completed and transferred out) and to units in ending work in process. Total Direct Conversion many, doslyn Luldl SLS LU Total Production Costs Direct Materials Conversion Costs Completed and transferred out Work in process, ending Total costs accounted for The Sunline Processing Company had work in process at the beginning and end of March 2020 in its Painting Department as follows: (Click the icon to view the work-in-process information.) The company completed 30,000 units during March. Manufacturing costs incurred during March were direct materials costs of $200,000 and conversion costs of $300,000. Inventory at March 1 was carried at a cost of $25,000 (direct materials, $5,000 and conversion costs, $20,000). Assuming Sunline uses weighted average costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory. Equivalent Units Direct Conversion Materials Costs Physical Units 5000 Flow of Production Work in process beginning Started during current period LILIT To account for Completed and transferred out during current period Work in process, ending Accounted for Equivalent units of work done to date Total Direct Materials Conversion Costs Production Costs Total costs to account for Now calculate cost per equivalent unit for direct materials and conversion costs. (Round your answer to the nearest cent.) Direct Materials Conversion Costs Divide by Cost per equivalent unit Finally, assign total costs to units completed and transferred out) and to units in ending work in process. Total Direct Conversion many, doslyn Luldl SLS LU Total Production Costs Direct Materials Conversion Costs Completed and transferred out Work in process, ending Total costs accounted for
