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UNITS: beginning WIP inventory (20% complete as to CC) 5,000 units started 20,000 units completed and transferred out 15,000 ending WIP inventory (Mat 100%, CC

UNITS:
beginning WIP inventory (20% complete as to CC) 5,000
units started 20,000
units completed and transferred out 15,000
ending WIP inventory (Mat 100%, CC 50% complete) 10,000
Costs:
beginning inventory
materials $ 4,000
CC $ 1,000
Current period:
materials $ 16,000
CC $ 4,000
All materials are added at the beginning of the process

Please show the calculations! doing it in excel!

1. What is your products equivalent units (EUP) for Mat & CC using weighted average? --> Materials EUP = ? CC EUP = ?
2. What is your products equivalent units (EUP) for Mat & CC using FIFO? --> Materials EUP = ? CC EUP = ?
3. What is your products cost per equivalent unit (EUP) for Mat & CC using weighted average? --> Materials cost per EUP = ? CC cost per EUP = ?
4. What is your products cost per equivalent unit (EUP) for Mat & CC using FIFO? --> Materials cost per EUP = ? CC cost per EUP = ?
5. What is your products cost of ending WIP inventory using weighted average? --> End MAT cost in WIP = ? End CC cost in WIP = ?
6. What is your products cost of ending WIP inventory using FIFO? --> End MAT cost in WIP = ? End CC cost in WIP = ?
Check figures:
weighted average FIFO
your products total cost (Mat & CC) per equivalent unit is: $ 1.05 $ 1.01

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