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Bellevue Chemicals had beginning work-In-process Inventory of $239,910 on March 1. Of this amount, $101,280...

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Accounting

Bellevue Chemicals had beginning work-In-process Inventory of $239,910 on March 1. Of this amount, $101,280 was the cost of direct materials and $138,630 was the cost of conversion. The 24,000 units in the beginning inventory were 45 percent complete with respect to direct materlals and 65 percent complete with respect to conversion costs.
During March, 58,000 units were transferred out and 14,000 remalned in ending Inventory. The units in ending Inventory were 70 percent complete with respect to direct materlals and 15 percent complete with respect to conversion costs. Costs incurred during March amounted to $820,800 for direct materials and $961,200 for conversion.
Requlred:
b. Compute the equivalent units for the materlals and conversion cost calculations.
b. Compute the cost per equivalent unit for direct materlals and for conversion costs for March using the welghted-average method.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Compute the equivalent units for the materials and conversion cost calculations.
Equivalent units for materials
Equivalent units for conversion costs
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