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Author Question: Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct ... (Read 102 times)

gonzo233

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Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing.

The following information is available for the month of March 2017 for the Assembly department.

Work in process, beginning inventory340 units
 Conversion costs (40% complete)
Units started during March890 units
Work in process, ending inventory:100 units
 Conversion costs (50% complete)

The cost details for the month of March are as follows:
Work in process, beginning inventory:
Direct materials$346,000 
Conversion costs$366,000 
Direct materials costs added during March$703,500
Conversion costs added during March$1,128,500

What are the equivalent units for direct materials and conversion costs, respectively, for March?
◦ 1230 units; 1230 units
◦ 1180 units; 1230 units
◦ 1230 units; 1180 units
◦ 1130 units; 1180 units


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Marked as best answer by gonzo233 on Mar 6, 2021

ecox1012

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gonzo233

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


TheDev123

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

 

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