At the beginning of the recent period there were 1,020 units of product in a department, one-third completed. These units were finished and an additional 5,500 units were started and completed during the period. 840 units were still in process at the end of the period. One-fourth completed. Using the weighted-average valuation method the equivalent units produced by the department were: A. 8,250 units B. 6,680 units C. 6,730 units D. 6,390 Units E. 7,360 units A company developed the following per-unit standards for its product: 2.5 pounds of direct materials at $8 per pound. Last month, 2,000 pounds of direct materials were purchased for $12,600. The direct materials price variance for last month was

Can anyone explain how to do these problems step by step?

1. What is a case and how to defining the Case and Creating Problem Statements? 2. What is Background of the Problem and Problem Statement?

please solve those problems