1)

Suburbia Company manufactures a product through a continuoussingle-step process. All materials are added at the beginning ofprocessing. Production and cost data for the company for February2016 are as follows:

Production data:
In process, beginning of month(20% converted)	1,000 units
Started during February	5,000 units
Completed and transferred tofinished goods	4,500 units
In process, end of month (60%converted)	1,500 units
Manufacturing costs:
Work in process, beginning(Materials $3,000; Conversion Costs: $18,360)	$21,360
Materials	$45,000
Direct labor cost	$102,960
Applied Factory overhead cost	$51,480

Required:
Calculate the Following using the weighted average method:

Equivalent Units of Production for Direct materials	__________ (Do not enter commas in answer for example 5,000should be entered as 5000)
Equivalent Units of Production for Conversion Costs	__________ (Do not enter commas in answer for example 5,000should be entered as 5000)
Cost per Equivalent Unit – Direct Materials	$__________ (Round to 2 decimal places)
Cost per Equivalent Unit – Conversion Costs	$__________ (Round to 2 decimal places)
Total value of units transferred out	$__________.00 (Round to the nearest whole dollar and do notenter dollar signs or commas in answer for example $5,000 should beentered as 5000)
Total value of Ending Inventory	$__________.00 (Round to the nearest whole dollar and do notenter dollar signs or commas in answer for example $5,000 should beentered as 5000)

2)

Daosta Inc. uses the FIFO method in its process costing system.The following data concern the operations of the company's firstprocessing department for a recent month.

Work in process, beginning:
Units in process		900
Percent complete with respect to materials		40	%
Percent complete with respect to conversion costs		20	%
Costs in the beginning inventory:
Materials cost	$	530
Conversion cost	$	2108
Units started into production during the month		16,000
Units completed and transferred out		16,000
Costs added to production during the month:
Materials cost	$	32,180
Conversion cost	$	416,512
Work in process, ending:
Units in process		900
Percent complete with respect to materials		50	%
Percent complete with respect to conversion costs		70	%

Required:

Using the FIFO method:

Equivalent Units of Production for Direct materials	__________ (Do not enter commas in answer for example 5,000should be entered as 5000)
Equivalent Units of Production for Conversion Costs	__________ (Do not enter commas in answer for example 5,000should be entered as 5000)
Cost per Equivalent Unit – Direct Materials	$__________ (Round to 2 decimal places)
Cost per Equivalent Unit – Conversion Costs	$__________ (Round to 2 decimal places)
Total value of Ending Work in Process	$__________.00 (Round to the nearest whole dollar and do notenter dollar signs or commas in answer for example $5,000 should beentered as 5000)
Total value of units transferred out	$__________.00 (Round to the nearest whole dollar and do notenter dollar signs or commas in answer for example $5,000 should beentered as 5000)