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The Wireone Compony manufactures high-quality coated electrical wire in two departments, Weaving and Cooting, Materiais are introduced at vatious points during work in the Weaving
The Wireone Compony manufactures high-quality coated electrical wire in two departments, Weaving and Cooting, Materiais are introduced at vatious points during work in the Weaving Department. After the weaving is completed, the materials are transferred imo the Coating Deparment, where specialty plastic coating is applied. Selected clato relating to the Weaving Department during May are given below: The company uses the weighted-average method. Required: 1. Compute the equivalent units of production. Required: 1. Compute the equivalent units of production. 2. Compute the costs per equivalent unit for May. (Round your answers to 2 decimal places.) 3. Determine the cost of ending work in process inventory and of the units transferred to the Coating Department (Round intermediate calculations to 2 decimal places, and final answers to the nearest whole doltar.) 4. Prepare a cost reconciliation between the costs determined in (3) above and the cost of beginning inventory and costs adde during the period. (Round intermediate calculations to 2 decimal places, and final answers to the nearest whele doltht.)
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