Problem Welghted varege Cost per equlvalant unlt costs asalgned to products C2 C3 Abraba Copany ses


Problem Welghted varege Cost per equlvalant unlt costs asalgned to products C2 C3 Abraba Copany ses process cosing to accot f Problem Welghted varege Cost per equlvalant unlt costs asalgned to products C2 C3 Abraba Copany ses process cosing to accot for s prodaction costsCoverlon is added troaghout the process Direct mateclals re added at the beglening of the process. Dadng Septembera prodaction depetment tranefeced 80,000nis of prodact to finlahad goods. Begiamng wok in pr coaisnd of 2,000 hat wee 200% complete with respect to dimctmatedals nd 85% compiete rspect to coverion Of the mls compinted, 2,000 werre from beginning wak in proones and 78.000 were tartnd rd complatnd during the peciod Beginning wok in process had $58,000 of direct m nd 586,400 af oo ion cost. At the end of September, the work in process inventory consists of 800 i het 25% complete with reapect to coavesion. The direct mals cost added in Septemb $712,000, md coaversion cost added is $1,980,000. The compary ases the weightnd-Evernge mehoe Required 1. Determinn the equivalmnt nis of prodaction with respect to (a) coeversion d ) direct mat 2. Campate both the conversion cot gnd the direct mateials cost per squivaleat mit Check Conversion eost per equivalent unt $25.20 3. Compate both coaversicn cost nd direct matrials cost aedgnod to (a) mits compisted md tr oat and (b) mding wack in process Inventory. 3 $120,400

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