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Calculate total equivalent units for material and conversion

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Question - On May 1, Diggton Company had a work-in-process inventory of 11,100 units. The units were 90% complete for material and 10% complete for conversion, with respective costs of $35,500 and $2,070.

During the month, 161,000 units were completed and transferred to finished goods. The May 31 ending work-in-process inventory consisted of 11,100 units that were 80% complete with respect to materials and 60% complete with respect to conversion.

Costs added during the month were $341,000 for materials and $520,250 for conversion.

Required - Using the weighted-average method, calculate:

A. Calculate total equivalent units for material and conversion.

B. Calculate the cost per equivalent unit for material and conversion.

C. Calculate the cost transferred to finished goods.

D. Calculate the cost of ending work in process.

Reference no: EM132658678

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