Please show all work with full calculations for getting the following answer: A

Question

Please show all work with full calculations for getting the following answer: A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 75,000 units (1/4 complete with respect to direct labor and overhead). The Sewing Department started and finished 180,000 units this period. Its ending inventory consists of 60,000 units (1/4 complete with respect to direct labor and overhead). All direct materials are added at the beginning of the process. Under the weighted-average inventory valuation method, what are the equivalent units of production for the Sewing Department for direct materials and for direct labor and overhead, respectively? 315,000; 270,000 315,000; 180,000 240,000; 251,250 251,250; 251,250 240,000; 243,750

Explanation / Answer

Direct materials = 0+180,000+60000=$240,000

Direct labor and overhead=(75,000*3/4)+180,000+(60,000*1/4)=56250+180000+15000=$251,250

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