Answer:
Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240
Units Cost for Direct Materials= $52,000 /230= $ 226.086
Explanation:
Beckronski Company
Units Transferred- in Costs
Direct Mat Conversion Costs WIP inventory
March 1 240 $33,600 0 $18,000
<u>Percent complete 100% 0% 62.5%</u>
Equivalent Units 240 - 150
Transferred in
<u> March 400 </u>
Equivalent Units 400 400 400
Mar 31 WIP inventory, 200
<u>*Percent complete 100% 0% 80% </u>
Equivalent Units 400 - 320
Weighted Average Cost Method = Beg. Inv Equiv. Units + Units Transferred in Less Ending Inventory Equivalent Units
Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240
Conversion Costs Equivalent Unit Weighted Average Cost Method=
0+ 400-0= 400
Work In Process Equivalent Unit Weighted Average Cost Method=
150+ 400-320= 230
Costs added in March $52,000 $13,200 $48,600
Units Cost for Direct Materials= $52,000 /230= $ 226.086
