The Blending Department of Luongo Company has the following cost and production data for the month of April. Costs:        Work in process, April 1           Direct materials: 100% complete   $118,000       Conversion costs: 20% complete   82,600          Cost of work in process, April 1   $200,600    Costs incurred during production in April           Direct materials   $944,000       Conversion costs   430,700          Costs incurred in April   $1,374,700 Units transferred out totaled 20,060. Ending work in process was 1,180 units that are 100% complete as to materials and 40% complete as to conversion costs.     Compute the equivalent units of production for (1) materials and (2) conversion costs for the month of April.     Materials   Conversion Costs The equivalent units of production           Compute the unit costs for the month.     Materials   Conversion Costs Unit costs   $    $    Determine the costs to be assigned to the units transferred out and in ending work in process. Transferred out   $  Ending work in process   $

The Samrock Paint Company uses a process-costing system.  Materials are added at the beginning of a particular process, and conversion costs are incurred uniformly.  Work in process at the beginning of the month is 30% complete, while at the end it is 25% complete.  One gallon of material makes one gallon of product. Data is as follows: Beginning inventory                               900 gal Direct materials added                        9,300 gal Ending inventory                                 2,400 gal Conversion costs incurred                    $39,800 Cost of direct materials added              $82,950 Conversion costs, beginning inventory   $1,700 Cost of direct materials, beginning inventory $2,900 Use the weighted average method.  Prepare a schedule of output in equivelent units and a schedule of application of costs to products.  Show the costs of goods completed and cost of ending work in process.

The Kirkland Department of Delta Company began the month of December with beginning work in process of 4,000 units that are 100% complete as to materials and 20% complete as to conversion costs. Units transferred out are 12,000 units. Ending work in process contains 2,000 units that are 100% complete as to materials and 60% complete as to conversion costs. Compute the equivalent units of production for materials using the FIFO method?   10,000 12,000 12,400 14,000

Shirley Processing, Incorporated (SPI) makes adhesive tape. The following information on the physical flow of units and costs for month of March: Quantities Physical units Percentage Complete Materials Conversion Beginning work-in-process 105,000 100% 40% Started 956,000     To account for 1,061,000     Transferred out 973,500 100% 100% Ending work in process 87,500 100% 20% Accounted for 1,061,000     Cost Total Direct Materials Conversion Beginning work-in-process $ 182,570 $ 165,180 $ 17,390 Current period 1,830,970 1,214,120 616,850 Total 2,013,540 $ 1,379,300 $ 634,240 Required: Compute the equivalent units for the conversion cost calculation for March assuming Shirley Processing, Incorporated uses the weighted-average method. Compute the cost per equivalent unit for direct materials and conversion costs for March assuming Shirley Processing, Incorporated uses the weighted-average method.