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

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

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