The following data (and annotations) are for Nelson Company's processing department work-in-process account for the month of September 2019:

Nelson uses the weighted average method. Materials are added at the beginning of the process and conversion costs are incurred evenly throughout. Ending work-in-process is composed of 1,000 units, 60% complete. Compute the following:

a. Equivalent units for direct materials and conversion.

b. Cost per equivalent unit for direct materials and conversion.

c. Total cost assigned to the units transferred out.

Transcribed Image Text:

Beginning inventory (1,500 units, 70% complete) Direct materials.. Conversion costs Current period Direct materials (6,000 units) Direct labor Manufacturing overhead applied. $22,000 10,000 50,000 41,000 65,440