Problem 1 The debits to Work in Process-Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost, 5,000 units Conversion costs (CC), 5,000 units, 80% completed Costs added to WIP during April: Materials added during April, 18,000 units Conversion costs during April Goods finished during April, 20,000 units $ $12,500 $8,500 $45,000 $35,000 April 30, work in process, 3,000 units, 60% completed All direct materials are placed in process at the beginning of the process, and the weighted average method is used to cost inventories. Required: A. The materials cost per equivalent unit (to the nearest cent) for April. B. The conversion costs per equivalent unit (to the nearest cent) for April. Solution: Units completed and Transferred to Finished goods Ending WIP Total EU Costs Beginning WIP costs Costs added during April Total costs Costs per EU Physical units % of completion DM CC Equivalent units (EU) DM DM $ CC $