Question: submit test Me Sunline Processing Company had work in process at the beginning and end of March in its Painting Department as follows: E (Click

submit test Me Sunline Processing Company had work in process at the beginning and end of March in its Painting Department as follows: E (Click the icon to view the work-in-process information ) The company completed 30,000 units during March Manufacturing costs incurred during March were direct materials costs of $300,000 and conversion costs of $450,000. Inventory at March 1 was carried at a cost of $35 000 (direct materials$5,000 and conversion costs $30,000) Assuming Sunline uses weighted average costing, determine the equivalent units of work done in March and calculate the cost of units completed and the cost of units in ending inventory Begin by entering the physical units first, then calculate the equivalent units Equivalent Units Data table Physical Direct Conversion Flow of Production Units Materials Costs Work in process beginning 4600 Started during current period Percentage of Completion Direct Materials Conversion Costs 35% 10% To account for March 1 (4.600 units) March 31 (50,000 units) 65% 15% Completed and transferred out during current period Work in process, ending 50000 Accounted for Print Done Equivalent units of work done to date Next summarize the total costs to account for Total Direct Conversion Production Costs Materials Costs Work in process, beginning Costs added in current period
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