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Units Beginning inventory of 4,000 units that are 100 percent complete for materials and 25 percent complete for conversion. 14,200 units started during the
Units Beginning inventory of 4,000 units that are 100 percent complete for materials and 25 percent complete for conversion. 14,200 units started during the period. Ending inventory of 3,800 units that are 16 percent complete for conversion. Manufacturing Costs Beginning Inventory was $19,800 ($9,500 materials and $10,300 conversion costs). Costs added during the month were $29,200 for materials and $54,700 for conversion ($27,600 labor and $27,100 applied overhead). Assume the company uses Weighted-Average Method. Required: 1. Calculate the number of equivalent units of production for materials and conversion for March. 2. Calculate the cost per equivalent unit for materials and conversion for March. 3. Determine the costs to be assigned to the units transferred out and the units still in process. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number of equivalent units of production for materials and conversion for March. Equivalent Units Physical Units Direct Materials Units Completed Ending Inventory Total Conversion Required 2 >
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