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Requirements: USE WEIGHTED AVERAGE METHOD the unit cost of materials, rounded to 2 decimal places, for March is equivalent unit conversion cost, rounded to 2 decimal places, for March is the total equivalent units of production for direct materials is the total cost of the units in the ending work-in-process inventory at March 31 is

Requirements: USE WEIGHTED AVERAGE METHOD the unit cost of materials, rounded to 2 decimal places, for March is equivalent unit conversion cost, rounded to 2 decimal places, for March is the total equivalent units of production for direct materials is the total cost of the units in the ending work-in-process inventory at March 31 is

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 3CMA: Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining...
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Requirements: USE WEIGHTED AVERAGE METHOD

the unit cost of materials, rounded to 2 decimal places, for March is

equivalent unit conversion cost, rounded to 2 decimal places, for March is

the total equivalent units of production for direct materials is

the total cost of the units in the ending work-in-process inventory at March 31 is

Geller Manufacturing uses a process cost system to manufacture sensors for the security industry. The following information pertains to operations for the month of March. Units Beginning work-in-process inventory, March 1 Started in production during March Completed production during March Ending work-in-process inventory, March 31 12,000 110,000 88,000 34,000 The beginning inventory was 70% complete for materials and 30% complete for conversion costs. The ending inventory was 90% complete for materials and 50% complete for conversion costs. Costs pertaining to the month of March are as follows: Beginning inventory costs are: materials, $44,400; conversion cost $30,500. Costs incurred during March are: materials used, $588,000; conversion cost $624,000.
Transcribed Image Text:Geller Manufacturing uses a process cost system to manufacture sensors for the security industry. The following information pertains to operations for the month of March. Units Beginning work-in-process inventory, March 1 Started in production during March Completed production during March Ending work-in-process inventory, March 31 12,000 110,000 88,000 34,000 The beginning inventory was 70% complete for materials and 30% complete for conversion costs. The ending inventory was 90% complete for materials and 50% complete for conversion costs. Costs pertaining to the month of March are as follows: Beginning inventory costs are: materials, $44,400; conversion cost $30,500. Costs incurred during March are: materials used, $588,000; conversion cost $624,000.
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