Vista Vacuum Company has the following production information for the month of March. All materials...
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Accounting
Vista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process.
Units
- Beginning inventory of 4,100 units that are 100 percent complete for materials and 24 percent complete for conversion.
- 15,900 units started during the period.
- Ending inventory of 3,900 units that are 18 percent complete for conversion.
Manufacturing Costs
- Beginning inventory was $20,100 ($9,400 materials and $10,700 conversion costs).
- Costs added during the month were $29,800 for materials and $50,400 for conversion ($28,200 labor and $22,200 applied overhead).
Assume the company uses Weighted-Average Method.
Required: .Calculate the number of equivalent units of production for materials and conversion for March. Equivalent Units Physical Units Direct MaterialsConversion Units Completed Ending Inventory Total 0 2. Calculate the cost per equivalent unit for materials and conversion for March. (Round your answers to 5 decimal places.) Direct Materials Conversion Cost per Equivalent Unit
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