Question: need help please Weighted Average Method, Unit Cost, Valuaboh of Goods Transferred Out and Ending Work in Process Holmes products, Inc, produces plastic cases used
Weighted Average Method, Unit Cost, Valuaboh of Goods Transferred Out and Ending Work in Process Holmes products, Inc, produces plastic cases used for video cameras. The product passes through three depsrtments. For April, fhe following equivalent units schedule was prepared for the first department: Costs assigned to beginning work in process: direct materials, $80,000; conversion costs, $45,750. Manufactunng costs incurred dunng April: direct materials, $95,000; conversion costs, $210,000. Holmes uses the weighted average method. Required: 1. Compute the unit cost for A pril. If required, per equivalent unit: 2. Determine the cost of ending work in process and the cost of goods transferred out
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