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Vista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units
Vista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units Beginning inventory of 4,100 units that are 100 percent complete for materials and 25 percent complete for conversion Ending inventory of 3,700 units that are 13 percent complete for conversion. Manufacturing Costs Beginning inventory was $18,600 ($8,900 materials and $9,700 conversion costs). Costs added during the month were $28,800 for materials and $51,100 for conversion ($28,400 labor and $22,700 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 Equivalent Units Conversion Physical Units Direct Materials Units Completed Ending Inventory Total 2. Calculate the cost per equivalent unit for materials and conversion for March. (Round your answers to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit the units transferred out and the units still in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and your final answers to be assigned 3. Detemine the costs the nearest whole dollar amount.) Conversion Direct Materials Total Cost Units Completed Ending Inventory Total Cost Accounted for
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