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Exercise 4-23 Analysis of Total Costs; Weighted-Average (LO 4-5) The following data pertain to Tulsa...

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Accounting

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Exercise 4-23 Analysis of Total Costs; Weighted-Average (LO 4-5) The following data pertain to Tulsa Paperboard Company, a manufacturer of cardboard boxes. -Complete as to direct material; 25% complete as to conversion. The equivalent units of activity for February were as follows: Required: Compute the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out during February. 2. Cost of the February 28 work-in-process inventory. Required: Compute the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out during February. 2. Cost of the February 28 work-in-process inventory. Complete this question by entering your answers in the tabs below. Compute the cost of goods completed and transferred out during February. (Round "Costs per equivalent unit" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute the cost of the February 28 work-in-process inventory. (Round "Costs per equivalent unit" to 2 decimal places.)

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