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Author Question: Audrey Auto Accessories manufactures plastic moldings for car seats. Its costing system uses two ... (Read 40 times)

HudsonKB16

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Audrey Auto Accessories manufactures plastic moldings for car seats. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production. 

Data for Department A for February 2017 are:
Work in process, beginning inventory, 35% converted400 units
Units started during February900 units
Work in process, ending inventory:300 units
 25% complete as to conversion costs
 100% complete as to materials 

Costs for the Department A for February 2017 are:
 Work in process, beginning inventory:
Direct materials$606,000
Conversion costs$159,000
Direct materials costs added during February$4,009,000
Conversion costs added during February$2,255,000

What were the equivalent units of direct materials and conversion costs, respectively, at the end of February? Assume Audrey uses the weighted-average process costing method.
◦ 1300; 1075
◦ 1300; 1300
◦ 1300; 1000
◦ 900; 600


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Marked as best answer by HudsonKB16 on Mar 6, 2021

mjbamaung

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HudsonKB16

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Reply 2 on: Mar 6, 2021
Excellent


lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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