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Tableau DA $16-2($Static$)$: Exercise, Computing cost per equivalent unit and assigning costs to output LO P$1$

Monsta Cola hires us to help assign and report costs. The company has two departments: mixing and bottling. To aid our analysis, the following Tableau Dashboard is provided with information for the mixing department. The company uses the weighted average method.

Compute the total equivalent units of production for direct materials and conversion.

Compute the costs per equivalent unit of production.

Assign costs to the mixing department's output $($units transferred to bottling and ending work in process inventory$).$

beginning inventory:$190,000$units

Units started this period:$640,000$units

units completed and transferred: Solve for this value

Ending inventory: $200,000$units

material percent complete, beginning: $70\%$

Conversion percent complete, beginning: $30\%$

materials percent complete, ending $60\%$

conversion percent complete, ending $40\%$

Direct material cost, beginning: $$390,000$

Conversion cost, Beginning: $$142,500$

Direct material cost $,$added: $$2,460,000$

conversion cost added: $ $1,810,000$

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