Reference no: EM131861780

Question: Process costing Homework Conversion costs only

Completed units going from Dept. W. to Finished Goods [FG] Department W:

Data: 1. $5,600.00 Beginning inventory's

2. 60% % complete of beginning inventory quantity

3. 400 Beginning inventory quantity

4. $14,000.00 Period conversion spending

5. 3,000 quantity started in period

6. 500 Ending quantity

7. 70% % complete of ending inventory quantity

To do: A. Compute weighted average beginning equivalent units, ending equivalent units, started & completed equivalent units & cost per unit

B. Compute weighted average ending conversion $s @ department W

C. Compute conversion $s to FG with weighted average

D. Prepare JE for Weighted average at period end

E. Compute FIFO beginning equivalent units, ending equivalent units, equivalent units started & completed, equivalent units for period & cost per unit

F. Compute FIFO ending conversion $s @ department W

G. Compute conversion $s to FG with FIFO

H. Prepare JE for FIFO at period end.