Question: Units Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 61,000 65% 35% Units started this period 327,000 Completed and transferred out
| Units | Direct Materials | Conversion | |
|---|---|---|---|
| Percent Complete | Percent Complete | ||
| Beginning work in process inventory | 61,000 | 65% | 35% |
| Units started this period | 327,000 | ||
| Completed and transferred out | 305,000 | ||
| Ending work in process inventory | 83,000 | 85% | 35% |
Exercise 20-9 (Algo) Weighted average: Cost per equivalent unit; costs assigned to output and inventory LO P1
The production department had the cost information below.
| Beginning work in process inventory | ||
|---|---|---|
| Direct materials | $ 122,032 | |
| Conversion | 41,708 | $ 163,740 |
| Costs added this period | ||
| Direct materials | 779,288 | |
| Conversion | 659,797 | 1,439,085 |
| Total costs to account for | $ 1,602,825 |
a. Compute cost per equivalent unit for both direct materials and conversion. (Round "Cost per EUP" to 2 decimal places.) b. Using the weighted average method, assign Aprils costs to the departments outputspecifically, its units transferred to the next department and its ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)
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