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Use excel Consider the following information for Hamburg Corporation: ...

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Question

Accounting

Use excel

Consider the following information for Hamburg Corporation:

Units

Beginning inventory

80,000

Units started during the year

150,000

Ending inventory

62,000

Inventory is 100% complete as to materials and 60% complete as to conversion.

Materials

Conversion

Beginning costs (SAR)

420,000

687,000

Costs added during the period (SAR)

1,250,000

983,000

Using the WEIGHTED AVERAGE method:

  1. Calculate the number of units completed during the period.
  2. Calculate equivalent units for conversion during the period.
  3. Calculate cost per equivalent units for Materials.

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