Weatherly Lumber Company processes wood pulp for manufacturing various paper products. The company employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. This is the company's production schedule for May:
ezto.mheducation.com Question 1 - Ch6 homework - Connect Ch6 homework 0 Saved Help Saves. Exit Submit Problem 6-37 Weighted-Average Method [LO 6-2, 6-4] 142 Weatherly Lumber Company processes wood pulp for manufacturing various paper products. The company employs a process costing points system for its manufacturing operations All direct materials are added at the beginning ofthe process, and conversion costs are incurred uniformly throughout the process. This is the company's production schedule for May: Percent Completed El Tons of eBook Pulp Materials Conversion WorkinProcess Inventory, May 1 4,000 1009s 5095 _ Started during May 14,000 E Units to account for 18,000 Print = Units from beginning WorkinProcess, which \"i were completed and transferred out during May 4,000 Started and completed during May 8,400 References Workin-Process Inventory, May 31 5.600 1009s 5095 Total units accounted for 18,000 . The following cost data are available: WorkinProcess Inventory, May 1 Direct materials $ 65,120 Conversion 64, 144 Costs incurred during May Direct materials 212,800 Conversion 275,580 . Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weightedaverage method. Complete thls euestlon bv enterlnn vour answers In the tabs below. M: Grew Prev 1 of 7 Next ) Hill {dilution eztomheducatlomcom Question 1 - Ch6 homework - Connect Ch6 homework 0 Saved Help Saves. Exit Submit 1 The following cost data are available: WorkinProcess Inventory, May 1 Direct materials $ 65, 120 1.42 Conversion 64,144 points Costs incurred during May Direct materials 212,800 Conversion 275,880 I eBZOk Required: 1. Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. 2. Calculate the cost per equivalent unit for both direct materials and conversion during May. Use the weighted-average method. Print Complete thls questlon by enterlng your answers In the tabs below. \"i References Required 1 Required 2 ' Calculate the equivalent units of direct materials and conversion during May. Use the weighted-average method. Direct Materials Conversion Required 2 > Mt girl?\" Prev 1 of 7 {dilution Next )
