Required Homework Save Help Save & Exit Check During April, the first production department of a process manufacturing system completed its work on 370,000 units of a product and transferred them to the next department of these transferred units, 74,000 were in process in the production department at the beginning of April and 296,000 were started and completed in April. April's beginning inventory units were 80% complete with respect to materials and 20% complete with respect to conversion. At the end of April, 96,000 additional units were in process in the production department and were 90% complete with respect to materials and 40% complete with respect to conversion The production department had $1,191,600 of direct materials and $818,688 of conversion costs charged to it during April. Also, its April beginning inventory of $218,952 consists of $200,420 of direct materials cost and $18,532 of conversion costs 1. Compute the direct materials cost per equivalent unit for April (Round "Cost per EUP" to 2 decimal places.) 2. Compute the conversion cost per equivalent unit for April. (Round "Cost per EUP" to 2 decimal places.) 3. Using the weighted average method, assign April's costs to the department's output-specifically, its units transferred to the next department and its ending work in process inventory (Round "Cost per EUP" to 2 decimal places.) Required 1. and 2 Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Conversion Units completed and transferred out 370 000 100% 370.000 100% 370.000 Units in ending inventory 96 000 90% 86.400 40% 38,400 Equivalent units of production 466,000 456 400 408 400 Cost per Equivalent Unit of Production Materials Conversion Insts of beginning inventory 5 200 4201 5 18 6321 408 400 456,400 Materials $ 200.420 $ $ Costs $ Costs EUP 1,191,600 1,392,020 456,400 3.05 18,532 818.688 837 220 408,400 2.05 EUP $ $ Equivalent units of production 466,000 mitol Production Costs of beginning inventory Costs incurred this period Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs to Account for: Conversion - Current period Conversion - Prior period Direct materials - Current period Direct materials - Prior period Total costs to account for $ 0.00 Total costs accounted for Difference due to rounding cost/unit $ 0.00 Required 3. Cost Assignment and Reconciliation Cost of units transferred out Direct materials EUP Cost per EUP Total cost Conversion Required information 10 COSES CURTO Difference due to rounding cost/unit $ 0.00 Required 3. Cost Assignment and Reconciliation Cost of units transferred out Direct materials EUP Cost per EUP Total cost Conversion Total costs transferred out Costs of ending work in process Direct materials EUP Cost per EUP Total cost s 0.00 $ 0.00 $ 0.00 0.00 Conversion Total cost of ending work in process Total costs accounted for Sin Prex of 10 BE! Next >