Ch 03 Ex 3-9 6 Required information Use the following information for the Exercises below...
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Ch 03 Ex 3-9 6 Required information Use the following information for the Exercises below [The following information applies to the questions displayed below. During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 65,000 were in process in the production department at the beginning of April and 260,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 87.000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion. Exercise 3-9 Weighted average: Costs assigned to output and inventories LO C2 The production department had $910,750 of direct materials and $707656 of conversion costs charged to it during April. Also, its beginning inventory of $185,754 consists of $137,830 of direct materials cost and $47,924 of conversion costs. 1&2. Using the weighted-average method, compute the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output. (Round "Cost per EUP" to 2 decimal places.) Equivalent Units of Production (EUP)- Weighted Average Method EUP- | % Conversion EUP- Units 96 Materials - s completed and transferred out s in ending inventory Equivalent units of production t per Equivalent Unit of Production Costs of beginning inventory Materials incurred this period Total costs Costs Costs Equivalent units of production EUP EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: materials - Prior period Conversion Prior period rect materials Current period Conversion-Current period Total costs to account for: Total costs accounted for Difference due to rounding cost/unit 0.00 0.00 Cost of units transferred out EUP Cost per EUP Total cost Direct materials Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials 0.00 S 0.00 0.00 0.00 Total cost of ending work in process Total costs accounted for
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