The production department described in Exercise 20-8 had $531,480 of direct materials and $407,689 of direct labor cost charged to it during April. Also, its beginning inventory included $74,075 of direct materials cost and $28,493 of direct labor.
1. Compute the direct materials cost and the direct labor cost per equivalent unit for the department.
2. Using the weighted-average method, assign April’s costs to the department’s output—specifically, its units transferred to finished goods and its ending goods in process inventory.