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The Sutton Processing Company had work in process at the beginning and end of March 2020 in its Painting Department as follows: The company completed
The Sutton Processing Company had work in process at the beginning and end of March 2020 in its Painting Department as follows: The company completed 33,000 units during March. Manufacturing costs incurred during March were direct materials costs of $179,300 and conversion costs of $333,000. Inventory at March 1 was carried at a cost of $20,990 (direct materials, $7,540 and conversion costs, $13,450). Assuming Sutton 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
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