Question: 2 Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at

2 Hi-T Company uses the weighted average method of process costing. Information for the company's first production process follows. All direct materials are added at the beginning of this process, and conversion costs are added uniformly throughout the process. 40 points 8 01:21:13 Beginning work in process inventory Completed and transferred out Ending work in process inventory Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Units 6,000 27,000 11,000 Required A Required B Required C Total Direct Materials Percent Complete 100% 100% $ 60,000 78,460 Units 415,000 358,000 Complete this question by entering your answers in the tabs below. a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. EUP
 2 Hi-T Company uses the weighted average method of process costing.
Information for the company's first production process follows. All direct materials are
added at the beginning of this process, and conversion costs are added

HI-T Company uses the weighted werage method of process costing. Information for the company's first production process follows. Al direct materiats are added at the beginning of this process, and conversion costs are added uniformly throughout the process. a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the departments output-specifically, to the units transferred out and to the units in ending work in process inventory. Cemplete this question by entering your answers in the tabs below. Compute the equivalent unis of production for both direct materia's and corversion. HET Company uses the welghted average method of process costing. Information for the company's first production process follows. Af direct materials are odded at the beginning of this process, and conversion costs are added uniformly throughout the process. a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. Computh the cost per equivaient unit for both direct materials and conversion. Note: Round "Cost per Eup" to 2 decimal places. H-T Company uses the weighted average method of process costing. Information for the company's first production process foliows: Al direct materials are added at the beginning of this process, and conversion costs are added uniformiy throughout the process: a. Compute the equivalent units of production for both direct materials and conversion. b. Compute the cost per equivalent unit for both direct materials and conversion. c. Assign costs to the departments output-specifically, to the units transferted out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. Assign cosa to the departmentr output-specifcally, to the units transferred out and to the units in ending work in process inventory. inventory. Note: Round "Cost per tup' to 2 decimal pleces

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