weighted average process costing

Weighted average process costing; analysis of equivalent units: manufacturer TeleFone Ltd assembles various components used in the telecommunications industry. The company's major product. a relayr switch. is made by assembling three parts: A453. 3344 and C543. The following information relates to activities in March: I beginning work in process inventory: 5000 units. 60 per cent complete as to conversion: cost. $250 000 {direct materials, $195 000; conversion cost. $55000) production started: 35000 units production completed: 34000 units ending work in process inventory: 6000 units. 40 per cent compiete as to conversion direct materials used: A453. $155 000: 3344. $375 000: C543. $250 000 hourly wage of direct labourers, $22; totaE direct labour payroll, $139150 overhead application rate: $25 per direct labour hour. All parts are introduced at the beginning of TeleFone's manufacturing process; conversion costs are incurred uniformly throughout the production process. The company uses weighted average cost to allocate costs to production. Required: 1. Calculate the total cost of direct material and conversion during March. Determine the cost of goods completed during the month. Determine the cost of the work in process inventory on 31 March. With regard to the ending work in process inventory. (a) How much direct material cost would be added to these units in April? [bl What percentage of conversion would be performed on these units in April? 5. Assume that the relay switch required the addition of another part {0W5} at the 70 per cent stage of compietion. How many equivalent units with respect to part OTIS would be represented in March's ending work in process inventory? PW!\