Dates 'N Things Company prints calendars. All direct materials are included at the inception of the printing process. There were 20,000 units in beginning inventory with a direct material cost of $1,000 and conversion cost of $3,760 in March. Direct materials totaled $26,000 for the month. Conversion costs were $20,000
Work- in- process records revealed that 160,000 calendars were started in March and that a total of 144,000 were completed. Ending work- in- process units are complete in respect to direct materials costs 40% complete with respect to conversion cost. The weighted- average method is used by Dates 'N Things Company.
Required:
a. Determine the equivalent units of conversion.
b. What is the conversion costs assigned to completed calendars?
c. What amount of conversion is assigned to the ending work- in- process inventory?

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The Answer of Dates 'N Things Company prints calendars. All direct materials are included at the inception of the printing process. There were 20,000 units in beginning inventory with a direct material cost of $1,000 and conversion cost of $3,760 in March. Direct materials totaled $26,000 for the month. Conversion costs were $20,000
Work- in- process records revealed that 160,000 calendars were started in March and that a total of 144,000 were completed. Ending work- in- process units are complete in respect to direct materials costs 40% complete with respect to conversion cost. The weighted- average method is used by Dates 'N Things Company.
Required:
a. Determine the equivalent units of conversion.
b. What is the conversion costs assigned to completed calendars?
c. What amount of conversion is assigned to the ending work- in- process inventory?

Dates 'N Things Company Prints Calendars