Excellent Manufacturing uses a process cost system to manufacture sensors for the security industry.The following information pertains to operations for the month of March: ?
The beginning inventory was 65% complete for materials and 25% complete for conversion costs.The ending inventory was 80% complete for materials and 45% complete for conversion costs.
Costs pertaining to the month of March are as follows:
Beginning inventory costs: materials = $46,200; conversion cost = $32,025
Costs incurred during March: materials used = $617,400; conversion cost = $655,200
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Using the weighted average method, the total equivalent units of production for direct materials is calculated as:

Question

Excellent Manufacturing uses a process cost system to manufacture sensors for the security industry.The following information pertains to operations for the month of March: ?
 The beginning inventory was 65% complete for materials and 25% complete for conversion costs.The ending inventory was 80% complete for materials and 45% complete for conversion costs.
Costs pertaining to the month of March are as follows:
Beginning inventory costs: materials = $46,200; conversion cost = $32,025
Costs incurred during March: materials used = $617,400; conversion cost = $655,200
-
Using the weighted average method, the total equivalent units of production for direct materials is calculated as:

Quizplus · Accepted Answer

*(Ending WIP × 80% complete for materials) = (35,700 × 80%)
 11ea8a4c_48d7_a0fa_a0e6_13accc078fcb_TB5550_00 ?

Excellent Manufacturing Uses a Process Cost System to Manufacture Sensors