The production department described in Exercise 20-8 had $850,368 of direct materials and $649,296 of conversion costs charged to it during April. Also, its beginning inventory of $167,066 consists of $118,472 of direct materials cost and $48,594 of conversion costs.
1. Compute the direct materials cost and the conversion 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 work in process inventory.