Question

Costs per Equivalent Unit
	Total Cost		Materials		Conversion		Whole Unit
Costs to be accounted for:
Work in process, Dec. 1
Cost added by the department
Total cost to be accounted for
Equivalent units of production
Cost per equivalent unit

		Prior Period Percent		Current Period Percent
Production Data	Phsyical Untis	Material	Conversion	Material	Conversion
Beg Units	8	90%	40%	10%	60%
Units Started	50
Units Completed	46			100%	100%
End Units	12			60%	30%
	Materials	Conversion
Costs Data:
Prior Period Costs (BI)	$4,933,600.00	$910,400.00
Current Costs (Added)	$32,200,000.00	$13,920,000.00

WEIGHTED AVERAGE METHOD

Answer 1

Costs per Equivalent Unit
	Total Cost	Materials	Conversion	Whole Unit
Costs to be accounted for:
Work in process, Dec. 1	$5,844,000	$4,933,600	$910,400	8
Cost added by the department	$46,120,000	$32,200,000	$13,920,000	50
Total cost to be accounted for	$51,964,000	$37,133,600	$14,830,400	58
Equivalent units of production		53.2 [46 + (12 x 60%)]	49.6 [46 + (12 x 30%)]
Cost per equivalent unit	$997,000	$698,000	$299,000