| Work-in-process inventory, June 1 | | 5,000 | alternators |
| Direct materials: 100% complete | $ | 11,480 | |
| Conversion: 40% complete | $ | 16,258 | |
| Units started during June | | 19,000 | trusses |
| Units completed during June and transferred out | | 18,000 | trusses |
| Work-in-process inventory, June 30 | | | |
| Direct materials: 100% complete | | | |
| Conversion: 20% complete | | | |
| Costs incurred during June | | | |
| Direct materials | $ | 60,040 | |
| Conversion | $ | 93,092 | |
|
Required
Using the weighted-average method, calculate the following:
1-a. Costs per equivalent unit. (Roundyour answers to 4 decimal places.)
1-b. Cost of goods completed and transferred out. (Round"Cost per EU" to 4 decimal places. Round final answer to nearestwhole dollars.)
1-c. Costs remaining in the Work-in-Process Inventory account.(Round "Cost per EU" to 4 decimal places. Do not roundother intermediate calculations. Round final answer to nearestwhole dollars.)
2. Assume that you are the company’s controller. The productiondepartment’s June equivalent unit cost is higher than expected. Ifthe manager of the first department asks you to do him a favor byincreasing the ending inventory completion percentage from 20 to40% to lower the unit costs, how much would unit cost be affectedby this request? (Round your answer to 4 decimalplaces.)
