The assembly department of Whitby Inc. uses the weighted average method of process costing. They shared the
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Question:
The assembly department of Whitby Inc. uses the weighted average method of process costing. They shared the following data for the quarter with you.
Physical units Direct materials Conversion costs
Opening WIP 160 $740,040 $136,560
Started in the quarter 800
Completed in the quarter 780
Ending WIP 160
Total costs added $4,830,000 $2,088,000
Opening WIP (degree of completion) direct materials, 80%; conversion costs 45%
Closing WIP (degree of completion) direct materials. 65%; conversion costs 35%
What is the equivalents units for direct materials and conversion costs?
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