= Homework: Chapter 17-1 Question 7, T117-2 (simil... Part 1 of 5 HW Score: 77.86%,...
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= Homework: Chapter 17-1 Question 7, T117-2 (simil... Part 1 of 5 HW Score: 77.86%, 79.42 of 102 points Points: 1.2 of 12 0 The Sarron Processing Company had work in process at the beginning and end of March 2017 in its Painting Department as follows: (Click the icon to view the work-in-process information.) The company completed 30,000 units during March. Manufacturing costs incurred during March were direct materials costs of $300,000 and conversion costs of $300,000. Inventory at March 1 was $30,000 (direct materials$10,000 and conversion costs$20,000). Assuming Sarron uses weighted average costing, determine the equivalent units of work done in March, and calculate the cost of units completed and the cost of units in ending inventory. ... Begin by entering the physical units first, then calculating the equivalent units. Physical O X Units Data table Flow of Production Work in process beginning Started during current period To account for Completed and transferred out during current period Percentage of Completion Direct Materials Conversion Costs 35% 10% 50% 50% March 1 (5,000 units) March 31 (20,000 units) Work in process, ending Accounted for Equivalent units of work done to date Print Done
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