Question: Stickforth Company uses weighted average process costing. At the beginning of the month, there were 4,000 units in process, 80% complete with respect to material

Stickforth Company uses weighted average process costing. At the beginning of the month, there were 4,000 units in process, 80% complete with respect to material and 60% complete with respect to conversion costs. 20,000 units were started during the month, 21,000 units were completed and there were 3,000 units in the ending work in process inventory that were 100% complete with respect to material and 30% complete with respect to conversion costs. What are the equivalent units to be used in calculating the cost per unit for materials?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

SSS Company uses weighted average process costing. At the beginning of the month, there were 8,000 units in process, 80% complete with respect to material and 60% complete with respect to conversion...

Swanson Company uses weighted average process costing. At the beginning of the month, there were 4,000 units in process, 100% complete with respect to material and 60% complete with respect to...

UniCom Manufacturing Company uses weighted average process costing. At the beginning of January there were 1,500 units in beginning work-inprocess that were 30% complete. In Process 1 all direct...

UniCom Manufacturing Company uses weighted average process costing. At the beginning of January there were 1,000 units in beginning work-in-process that were 40% complete. In Process 1 all direct...

please answer ASAP and ill give a positive rate UniCom Manufacturing Company uses weighted average process costing. At the beginning of January there were 1,000 units in beginning work-in-process...

The general ledger of Pronghorn Company has the following work in process inventory account. WORK IN PROCESS INVENTORY-FINISHING 6/1 Balance 8,800 6/30 Transferred out ? 6/1 Materials 1,920 6/30...

Hogan Company uses weighted average process costing system and started 30,000 units this month. Hogan had 12,000 units that were 20 percent complete as to conversion costs in beginning Work in...

this is 1 question but has 3 parts Required information [The following information applies to the questions displayed below.) Victory Company uses weighted average process costing to account for its...

Required Information [The following information applies to the questions displayed below) Pro-Weave manufactures stadium blankets by passing the products through a weaving department and a sewing...

1- Derive the equation of motion in terms of height. Ca = 1 = 1 cm 2m 5 m

The 2010 Census reports that 30 states had at least one city with a population of 250,000 or more. The table below shows a more detailed breakdown: No. of cities No. of cities w/pop 2250,000 State...

If the manager of a paint supply store wants to estimate the mean amount of paint in a 4-litre can to within 0.015 litres with 95% confidence and also assumes that the standard deviation is 0.075...

9. (15 points) A company is considering a new project that requires an investment of \$5 million. The project is expected to generate cash flows of $2 million in year 1,$3 million in year 2, and $4...

. Like a coconut pudding, this food comes from Hawaii: a. Lomi lomi b. Poke c. Haupia d. Kalua

What is the preferred personality?

What is the relationship between humans?