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Weighted Average Method, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process Holmes Products, inc., produces plastic cases used for video cameras.

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Weighted Average Method, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process Holmes Products, inc., produces plastic cases used for video cameras. The product passes thrcugh three departments, For April, the following equivalent units schedule was prepared for the first department: Costs assigned to beginning work in process. direct materials, 590,000 ; conversion costs, 541,625 , Manufacturing costs incurred during Apnil direct materials, $80,000, conversion costs, $210,000. Holmes uses the weighted average method Required: 1. Compute the unit cost for Apnl. If required, round your answer to the nearest cent: per equivalent unit 2. Determine the cost of ending work in process and thit cost of goods transferred out. 3 more Gleck My Werk uabs remarery

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