# 45 - 300 Units started and completed during the...

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Exercise 4-4  (10 minutes) Weighted-Average Method Ending work in process inventory: Materials Conversion Total Equivalent units of production . ................ 300 100 Cost per equivalent unit . ......................... \$31.56 \$9.32 Cost of ending work in process inventory . \$9,468 \$932 \$10,400 Units completed and transferred out: Units transferred to the next department . 1,300 1,300 Cost per equivalent unit . ......................... \$31.56 \$9.32 Cost of units completed and transferred out . ................................................... \$41,028 \$12,116 \$53,144 Exercise 4-5  (10 minutes) FIFO Method To complete beginning work in process: Materials Conversion Materials: 400 units x (100% – 75%) . ................ 100 Conversion: 400 units x (100% – 25%) .

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Unformatted text preview: ............. 300 Units started and completed during the period (42,600 units started – 500 units in ending in-ventory). ........................................................... 42,100 42,100 Ending work in process Materials: 500 units x 80% complete . ................. 400 Conversion: 500 units x 30% complete . .............. 150 Equivalent units of production . ............................... 42,600 42,550 Exercise 4-6 (10 minutes) FIFO method Materials Labor Overhead Total Cost added during May (a). .... \$82,560 \$52,920 \$132,300 Equivalent units of production (b) . ................... 16,000 14,000 14,000 Cost per equivalent unit (a) ÷ (b) . ........................... \$5.16 \$3.78 \$9.45 \$18.39...
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## This note was uploaded on 03/25/2010 for the course ACCT 202 taught by Professor Karenpierce during the Spring '10 term at LA Tech.

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45 - 300 Units started and completed during the...

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