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C Secure https//newconnect.mheducation.com/flow/connect.html Chapter 16 G Saved Help Save & Exit Submit Check my work During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 60,000 were in process in the production department at the beginning of April and 240,000 were started and completed in April. April's beginning inventory units were 60% complete with respect to materials and 40% complete with respect to conversion. At the end of April, 82,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion. Part 2 of2 2.5 points The production department had $850,368 of direct materials and $649,296 of conversion costs charged to it during April. Also, its beginning inventory of $167,066 consists of $118,472 of direct materials cost and $48,594 of conversion costs. Using the FIFO method, prepare the direct materials cost and the conversion cost per equivalent unit and assign April's costs to the department's output. (Round "Cost per EUP" to 2 decimal places.) eBook Equivalent Units of Production (EUP)- FIFO Method EUP Conversion Hint Units % Materials nits started and completed nits in ending work in procesS EUP-Materials % Conversion 100% 30% 300,000 100% 300,000 300,000 82,000 80% 65,000 24,600 Print Equivalent units of production 382,000 Cost per Equivalent Unit of Production Materials Conversion Total costs Costs Costs EUP Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) EUP l Costs to Account for 7:24 PM O Type here to search 18

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Equivalent Units: Material Cost Conversion % Completion Units % Completion Units Units completed from Beg. WIP 40% 24,000 60% 36,000 Units started and completed 100% 240,000 100% 240,000 Ending Work in Process 80% 65,600 30% 24,600 Total Equivalent units 329,600 300,600 COST PER EQUIVALENT UNIT: Material Conversion Total cost added during the year 850,368 649,296 Equivalent Units 329,600 300,600 Cost per Equivalent unit 2.58 2.16 TOTAL COST ACCOUNTED FOR: Units Completed from Beginning WIP (60000 units) Equivalent unit Cost per EU Total Cost Beginning Cost 167066 Material 24,000 2.58 61920 Conversion Cost 36,000 2.16 77760 Cost of units completed from Beg WIP 306746 Units started and Transferred out (240000 units) Equivalent unit Cost per EU Total Cost Material 240,000 2.58 619200 Conversion Cost 240,000 2.16 518400 Total Cost of Units completed and transferred out: 1137600 Ending Work in process (82,000 units) Equivalent unit Cost per EU Total Cost Material 65,600 2.58 169248 Conversison Cost 24,600 2.16 53136 Total cost of Ending Work in process: 222,384

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