Question

Compute the number of units transferred to finished goods. Compute the number of equivalent units with respect to both materials used and production department for April using the weighted-average method. The production department described in Exercise 16-8 had $850, 368 of direct material conversion costs charged to it during April. Also, its beginning inventory of $167, 066 of direct materials cist and $48, 594 if conversion costs. Compute the direct materials cost and the conversion cost per equivalent unit for the department. Using the weighted-average method, assign April's costs to the department's output-specifically units transferred to finished goods and its ending work in process inventory. Refer to the information in Exercise 16-8 to compute the number if equivalent units with respect materials used and conversion costs in the production department for April using the FIFO method. Refer to the information in Exercise 16-9 and complete its parts 1 and 2 using the FIFO method.