ACCT 2332: Fall 2018 Hw chapter 4 5. 20.00 points You did not receive full credit for this question Superior Micro Products uses the weighted-average method in its process costing system During January the Deita Assembly Department completed its processing of 25,800 units and transferred them to the next department The oost of beginning inventory and the costs added duning January amounted to $661,140 in total The ending inventory in January consisted of 3.500 units, which were 40% completo with respect to materials and 20% complete with respect to labor and overhead. The costs per equivalent unt for the month were as follows Materials Labor Overhead 13 20 s3 3.80 7 60 Cost per equivalent unit 1 Compute the equivalent unts of materials, labor, and overhead in the ending inventory for the month. Materials Labor Overhead Equivalent units of production 2 Compute the cost of ending inventory and of the units transferred to the next department for January Total Cost of ending work in process inventory Cost of units completed and transferred out 3. Prepare a cost reconciliation for January (Note You will not be able to break the cost to be accounted for into the cost of beginning inventory and costs added during the month) Cost Reconciliation Total cost to be accounted for Costs accounted for as follows Total cost accounted for