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Ridgecrest Company manufactures plastic storage crates and has the following information available for the month of April:
Work in process, April
complete for materials, for conversion units
Direct materials $
Conversion cost $
Number of units started units
April costs
Direct materials $
Conversion cost $
Work in process, April
complete for materials, for conversion units
Required:
Using the weightedaverage method of process costing, complete each of the following steps:
Reconcile the number of physical units worked on during the period.
Calculate the number of equivalent units.
Calculate the cost per equivalent unit.
Reconcile the total cost of work in process.
Complete this question by entering your answers in the tabs below.
Required
Required
Using the weightedaverage method, reconcile the total cost of work in process.
Note: Use Cost per Equivalent Unit rounded to decimal places and your final answers to the nearest
tabletableDirectMaterialsConversion,Total CostUnits Completed,$$$Ending Inventory,,$Total Cost Accounted for,$$$ Graham brings $ to his local college volleyball game in order to purchase cheeseburgers and seltzer. The following diagram presents his budget
constraint: Complete this question by entering your answers in the tabs below.
Required
Using the weightedaverage method, calculate the number of equivalent units.