Question: Calculate the cost per equivalent unit for materials and conversion for Mar places.) Determine the costs to be assigned to the units transferred out and

 Calculate the cost per equivalent unit for materials and conversion for
Mar places.) Determine the costs to be assigned to the units transferred
out and the units still in proc rounded to 5 decimal places
and your final answers to the nearest whole dollar amount.) Vista Vocuum

Calculate the cost per equivalent unit for materials and conversion for Mar places.) Determine the costs to be assigned to the units transferred out and the units still in proc rounded to 5 decimal places and your final answers to the nearest whole dollar amount.) Vista Vocuum Company his the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units - Beginning inventory of 4,000 units that are 100 percent complete for materials and 25 percent complete for conversion. - 14,900 units started during the period. - Ending inventory of 3,800 units that are 20 percent complete for conversion. Manufecturing Costs - Beginning inventory was $18,500 (\$9.000 moterisis and $9,600 conversion casts). - Costs added during the month were $28,500 for materiais and \$53,200 for corversion (\$27,200 iabor and \$26,000 applied overhead) Assume the company uses Weighted-Averoge Method. Required: 1. Calculote the number of equivalent units of production for materials and conversion for March. 2. Calculate the cost per equivalent unit for materials and conversion for March. 3. Determine the costs to be assigned to the units transferred out and the units still in process. Complete this question by entering your answers in the tabs below. Calculate the number of equivalent units of production for materials and conversion for

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!