Superior Micro Products uses the weighted-average method in itsprocess costing system. During January, the Delta AssemblyDepartment completed its processing of 25,300 units and transferredthem to the next department. The cost of beginning work in processinventory and the costs added during January amounted to $718,668in total. The ending work in process inventory in January consistedof 2,600 units, which were 60% complete with respect to materialsand 40% complete with respect to labor and overhead. The costs perequivalent unit for the month were as follows:
| Materials | Labor | Overhead |
| Cost per equivalent unit | $ | 14.40 | | $ | 5.00 | | $ | 7.60 | |
|
Required:
1. Compute the equivalent units of materials,labor, and overhead in the ending work in process inventory for themonth.
2. Compute the cost of ending work in processinventory for materials, labor, overhead, and in total forJanuary.
3. Compute the cost of the units transferred tothe next department for materials, labor, overhead, and in totalfor January.
4. Prepare a cost reconciliation for January.(Note: You will not be able to break the cost to be accounted forinto the cost of beginning work in process inventory and costsadded during the month.)
