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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.
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 3,500 units that are 100 percent complete for materials and 27 percent complete for conversion. 15,500 units started during the period. Ending inventory of 4,400 units that are 10 percent complete for conversion. Book . Hint Print ferences Manufacturing Costs Beginning inventory was $19,000 ($9,300 materials and $9,700 conversion costs). Costs added during the month were $30,100 for materials and $48,000 for conversion ($27,500 labor and $20,500 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. ME Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total Required 2 >
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