Determine the costs per equivalent unit for the month

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Reference no: EM133091985

Question - Rovira Inc, manufactures a product that passes through two departments. Data for a recent month for the first department follow:

 

Units

Materials

Labor

Overhead

Work in process inventory, beginning

5,000

$4,320

$1,040

$1,790

Units started in process

45,000

 

 

 

Units transferred out

42,000

 

 

 

Work in process inventory, ending

8,000

 

 

 

Cost added during the month

 

$52,800

$21,500

$32,250

The beginning work in process inventory was 80% complete with respect to materials and 60% complete with respect to labor and overhead. The ending work in process inventory was 75% complete with respect to materials and 50% complete with respect to labor and overhead.

Assume that the company uses the weighted-average method of accounting for units and costs.

Required -

1. Compute the equivalent units for the month for the first department.

2. Determine the costs per equivalent unit for the month.

Reference no: EM133091985

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