A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month.
What is the department's direct material cost per equivalent unit for this month (round final answer to nearest cent if necessary)?
| Units completed | 9665 | =210+9628-173 |
| Ending Work in process | 173 | |
| Equivalent units for direct material | 9838 | |
| Beginning WIP direct materials costs | 2022 | |
| Add: Current month direct materials costs | 101734 | |
| Total direct materials costs | 103756 | |
| Divide by Equivalent units for direct material | 9838 | |
| Direct material cost per equivalent unit | 10.55 |
A department uses the weighted average method of process costing. All direct materials are added at...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 170 units in beginning WIP (66% complete with respect to conversion costs). 10,089 units started 102 units in ending WIP (64% complete with respect to conversion costs). $2,200 beginning WIP direct materials costs $2,218 beginning WIP conversion costs $97,006 current month direct materials costs $106,810 current month conversion costs What...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 189 units in beginning WIP (30% complete with respect to conversion costs). 10,323 units started 214 units in ending WIP (46% complete with respect to conversion costs). $2,145 beginning WIP direct materials costs $1,493 beginning WIP conversion costs $85,029 current month direct materials costs $85,642 current month conversion costs What...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 117 units in beginning WIP (44% complete with respect to conversion costs). 9,169 units started 215 units in ending WIP (31% complete with respect to conversion costs). $1,561 beginning WIP direct materials costs $1,097 beginning WIP conversion costs $89,169 current month direct materials costs $102,511 current month conversion costs What...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 217 units in beginning WIP (66% complete with respect to conversion costs). 8,676 units started 157 units in ending WIP (48% complete with respect to conversion costs). $2,190 beginning WIP direct materials costs $2,259 beginning WIP conversion costs $104,848 current month direct materials costs $94,798 current month conversion costs What...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 234 units in beginning WIP (51% complete with respect to conversion costs). 9,627 units started 198 units in ending WIP (65% complete with respect to conversion costs). $14 direct material cost per equivalent unit $14 conversion cost per equivalent unit What is the department's total cost of ending WIP for...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 189 units in beginning WIP (60% complete with respect to conversion costs). 11,319 units started 222 units in ending WIP (25% complete with respect to conversion costs). $15 direct material cost per equivalent unit $13 conversion cost per equivalent unit What is the department's total cost of units completed and...
A department uses the weighted average method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 211 units in beginning WIP (27% complete with respect to conversion costs). 11,221 units started 117 units in ending WIP (25% complete with respect to conversion costs). $11 direct material cost per equivalent unit $18 conversion cost per equivalent unit What is the department's total cost of units completed and...
A department uses the FIFO method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month. 181 units in beginning WIP (72% complete with respect to conversion costs). 11,682 units started 200 units in ending WIP (43% complete with respect to conversion costs). $2,302 beginning WIP direct materials costs $2,335 beginning WIP conversion costs $89,617 current month direct materials costs $90,347 current month conversion costs What is...
18. Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 31,000 units, 100% complete as to materials and 55% complete as to conversion. Units started and completed: 122,000. Units completed and transferred out: 153,000. Ending Inventory: 33,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $49,000. Costs in beginning Work in Process...
1. Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,200 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $19,200. An additional 90,000 units were started into production during the month. There were 23,000 units in the ending work in process inventory of the Welding Department that...