Question: I need help with this problem I started to answer the first one but have no idea if it's right. Please don't just post the
I need help with this problem I started to answer the first one but have no idea if it's right. Please don't just post the answers, I want to know how to got the numbers. Overall I understand the concept though.




Required information (The following information applies to the questions displayed below.] During April, the first production department of a process manufacturing system completed its work on 340,000 units of a product and transferred them to the next department. Of these transferred units, 68,000 were in process in the production department at the beginning of April and 272,000 were started and completed in April. April's beginning inventory units were 75% complete with respect to materials and 25% complete with respect to conversion. At the end of April, 90,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion. Compute the number of equivalent units with respect to both materials used and conversion used in the first production department for April using the weighted-average method. Equivalent Units of Production - Weighted Average Units % Materials EUPMaterials % Conversion Units completed and transferred out 340,000 100% 340,000 100% Units of ending work in process inventory - units 90,000 90% 81,000 40% Total 430,000 421,000 EUP-Conversion 340,000 36,000 376,000 The production department had $1,006,400 of direct materials and $728,770 of conversion costs charged to it during April. Also, its April beginning inventory of $174,580 consists of $151,350 of direct materials cost and $23,230 of conversion costs. 1. Compute the direct materials cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 3. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.) Required 1. and 2. Equivalent Units of Production (EUP). Weighted Average Method Units % Materials EUPMaterials % Conversion EUP-Conversion Equivalent units of production Cost per Equivalent Unit of Production Materials Conversion Costs Total costs Equivalent units of production Costs EUP EUP 0 0 Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: $ 0.00 Total costs to account for: Total costs accounted for Difference due to rounding cost/unit $ $ 0.00 EUP Cost per EUP Total cost Required 3. Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost $ 0.00 $ 0.00 $ 0.00 0.00 Direct materials Conversion Total cost of ending work in process Total costs accounted for
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