Weighted-Average Method Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction industry). The following information is for the...

Weighted-Average Method Alvis Construction Supply Company has a department that manufactures wood trusses (wood frames used in the construction industry). The following information is for the production of these trusses for the month of February:

Required Using the weighted-average method, calculate the following: 1. a. Costs per equivalent unit. b. Cost of goods completed and transferred out. c. Costs remaining in the Work-in-Process Inventory account. 2. Assume that you are the company’s controller. The production department’s February equivalent unit cost is higher than expected. If the manager of the first department asks you to do him a favor by increasing the ending inventory completion percentage from 40 to 60% to lower the unit costs, what should you do? How much would unit cost be affected by this request?