Silver Company manufactures kites 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, 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.
