Reference no: EM132693179
Consider the following information for Hamburg Corporation:
Units Beginning inventory 80,000
Units started during the year 150,000
Ending inventory 62,000
Inventory is 100% complete as to materials and 60% complete as to conversion.
Materials Conversion Beginning costs (SAR) 420,000 687,000
Costs added during the period (SAR) 1,250,000 983,000
Using the WEIGHTED AVERAGE method:
Question 1: Calculate the number of units completed during the period.
Question 2: Calculate equivalent units for conversion during the period.
Question 3: Calculate cost per equivalent units for Materials.