conversion cost added this month$)$

$\frac{40\mathrm{.}000}{230,000}$

Total Cost

Cost to be accounted for:

IVIP. April I

Cost added during the month

$598\mathrm{.}000$

Total Cost

$\frac{827\mathrm{.}000}{925,000}$

Cost Reconciliation

Cost accounted for as follow:

Transferred to department B

$$805,600$

WIP April $30$

Total cost

$\frac{119,400}{925,000}$

Dolce Company has just been acquired by another organization and the management wants some additional information about Dolce's operations.

Required

Is Dolce co$.$ using the weighted average method or the FIFO metho to account for units and costs? How can you tell?

What were the equivalent units for the month?

What were the unit costs for the month? The beginning inventory consisted of the following costs: materials, $$67,800,$ and conversion cost $$30,200.$ The costs added during the month consisted of: materials, $$579,00$ and conversion cost. $$248,000.$

How many of the units transferred to department B were started and completed during the month?

VII. Equivalent units; Costing of inventories; Weighted Average method you are employed by Spirit company, a manufacturer of digital watches. company's chief financial officer is trying to verify the accuracy of the D $31,1996,$ WIP and finished goods inventories prior to closing the books f the year. You have been asked to assist in this verification. The year end balances shown on Spirit Company's books are as follows:

Units

Costs

WIP complete as

to labor and overhead $)$

$300,000,5660,960$

Finished goods

$200,000$

$1,009$;$800$