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:
| Units | Costs | |||||
| Beginning work in process (30% complete) | 126,300 | |||||
| Direct materials | $ | 185,000 | ||||
| Conversion cost | 337,000 | |||||
| Total cost of beginning work in process | $ | 522,000 | ||||
| Number of units started | 236,000 | |||||
| Number of units completed and transferred to finished goods | 334,100 | |||||
| Ending work in process (65% complete) | ? | |||||
| Current period costs | ||||||
| Direct materials | $ | 500,400 | ||||
| Conversion cost | 641,000 | |||||
| Total current period costs | $ | 1,141,400 | ||||
use information provided in above information table to complete steps 1A-1D.
*please show mathematical steps if needed so i can understand the question
! Required information [The following information applies to the questions displayed below.] 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: Units Costs Beginning work in process (30% complete) 126,300 Direct materials $ 185,000 337,000 Conversion cost Total cost of beginning work in process $ 522,000 Number of units started 236,000 Number of units completed and transferred to 334,100 finished goods Ending work in process (65% complete) ? Current period costs Direct materials Conversion cost $ 500,400 641,000 $1,141,400 Total current period costs Required: 1. Using the weighted-average 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. Req 1A Req 1B Req 1C Req 1D Using the weighted-average method of process costing, reconcile the number of physical units worked on during the period. Physical Units Physical Units Beginning Units Units Completed 334,100 126,300 236,000 Units Started Ending Units 28,200 Total Units 362,300 Total Units 362,300 Req 1B > Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 1D Using the weighted-average method of process costing, calculate the cost per equivalent unit. (Round Cost per Equivalent Unit to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit $ 1.89180 $ 1.69942 Using the weighted-average method of process costing, reconcile the total cost of work in process. (Use Cost per Equivalent Unit rounded to 5 decimal places and round your final answers to the nearest dollar amount.) Total Cost Units Completed Direct Materials Conversion 634,790 $ 567,776 52,970 $ Ending Inventory 47,924 Total Cost Accounted for $ 687,760 $ 615,700 $
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