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Exercise 4-2 (Algo) Equivalent Units of Production-Weighted-Average Method (LO 4-2] Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October Work in process, October 1 Work in process, October 31 Percent Completed Units Materials Conversion 45,000 954 55% 32,000 72% 514 The department started 397,000 units into production during the month and transferred 410,000 completed units to the next department Required: Compute the equivalent units of production for October Materials Conversion Equivalent units of production Exercise 4-3 (Algo) Cost per Equivalent Unit-Weighted Average Method [LO 4-3) Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below: Work in process, May 1 Cost added during May Equivalent units of production Materials Labor Overhead $ 21,100 $ 33,609 $ 162,864 $ 128,030 $ 22,406 $ 108,576 1,800 1,700 1,680 Required: Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.) Materials Labor Overhead Total Cost per equivalent unt Exercise 4-4 (Algo) Assigning Costs to Units-Weighted-Average Method [LO 4.4) Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units in ending work in process inventory 2,140 870 Cost per equivalent unit $15.76 $5.03 A total of 20,300 units were completed and transferred to the next processing department during the period. Required: 1. Compute the cost of ending work in process inventory for materials, conversion, and in total, 2. Compute the cost of the units completed and transferred out for materials, conversion, and in total (For all requirements, round your final answers to the nearest whole dollar amount.) Materials Conversion Total 1. Cost of ending work in process inventory 2. Cost of units transferred out CH Exercise 4-6 (Algo) Equivalent Units of Production-Weighted-Average Method (L04-2) Highlands Company uses the weighted average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below: Percent Completed Labor and Tons of Pulp Materials Overhead Work in process, June 1 82,000 889 Work in process, June 30 51,600 454 Started into production during June 301, 100 26% 19% Required: 1. Compute the number of tons of pulp completed and transferred out during June. 2. Compute the equivalent units of production for materials and for labor and overhead for June, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number of tons of pulp completed and transferred out during June. Tons completed and transferred out moord Required 2 > Chc Exercise 4-6 (Algo) Equivalent Units of Production-Weighted-Average Method (L04-2] Highlands Company uses the weighted average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below: Percent Completed Labor and Tons of Pulp Materials Overhead Work in process, June 1 82,000 Work in process, June 30 51,600 Started into production during June 301, 100 889 454 26 199 es Required: 1. Compute the number of tons of pulp completed and transferred out during June 2. Compute the equivalent units of production for materials and for labor and overhead for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the equivalent units of production for materials and for labor and overhead for June Materials Labor and Overhead Equivalent units of production

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