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Percentage of completion DM CC BWIP 150 units 10% 30% EWIP 200 units 80% 40% In...

Percentage of completion
DM CC
BWIP 150 units 10% 30%
EWIP 200 units 80% 40%


In the current period, 290 units started and 240 units completed.

Costs incurred: DM $320; CC $250

Costs in BWIP: $210 ($80 for DM and $130 for CC)

Based on the above data, compute the cost per EU for DM using WA method.

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Answer #1

Equivalent units:

Direct material:

= Units completed + (Ending inventory X Percentage completed)

= 240 + (200 X 80%)

= 400

Cost per equivalent unit:

= ($80 + $320) / 400

= $1

the cost per EU for DM using WA method $1

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