Stage of Completion Units Materials Conversion Cost Beginning work-in-process Units started during the period Units completed and transferred Ending work-in-process 18,000 60% 20% 100,000 94,000...

1. Using weighted average method, what is the equivalent production in units of Materials?

2. Using weighted average method, what is the equivalent-unit material cost for the period?

Stage of Completion<br>Units<br>Materials<br>Conversion Cost<br>Beginning work-in-process<br>Units started during the period<br>Units completed and transferred<br>Ending work-in-process<br>18,000<br>60%<br>20%<br>100,000<br>94,000<br>24,000<br>80%<br>40%<br>Costs follows:<br>Costs Incurred<br>Beginning work-in-process<br>Units started during the period<br>Materials Direct Labor Factory Overhead<br>$ 22,500<br>182,880<br>$ 72,000<br>468,000<br>$ 17,640<br>391,160<br>

Extracted text: Stage of Completion Units Materials Conversion Cost Beginning work-in-process Units started during the period Units completed and transferred Ending work-in-process 18,000 60% 20% 100,000 94,000 24,000 80% 40% Costs follows: Costs Incurred Beginning work-in-process Units started during the period Materials Direct Labor Factory Overhead $ 22,500 182,880 $ 72,000 468,000 $ 17,640 391,160

Jun 10, 2022

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Stage of Completion Units Materials Conversion Cost Beginning work-in-process Units started during the period Units completed and transferred Ending work-in-process 18,000 60% 20% 100,000 94,000...

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