Question: Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the
Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the
beginning of the manufacturing process. Information for the month of March follows:
PAAlgo WeightedAverage Method LO
Required:
Using the weightedaverage method of process costing, complete each of the following steps:
a Reconcile the number of physical units worked on during the period.
b Calculate the number of equivalent units.
c Calculate the cost per equivalent unit.
d Reconcile the total cost of work in process.
Complete this question by entering your answers in the tabs below.
Using the weightedaverage method of process costing, reconcile the total cost of work in process.
Note: Use Cost per Equivalent Unit rounded to decimal places and round your final answers to the nearest dollar amount.
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