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Accounting

you Transcribed Image Text: Sur Company uses the weighted-average method in its process costing system. Information for the month of May concerning Department A, the

1 min read
Posted on 
March 31st, 2022
Home Accounting you Transcribed Image Text: Sur Company uses the weighted-average method in its process costing system. Information for the month of May concerning Department A, the

you Transcribed Image Text: Sur Company uses the weighted-average method in its process
costing system. Information for the month of May concerning
Department A, the first stage of the company’s production
process follows:
Materials Conversion
Work in process, beginning
OR 4,000 OR 3,000
Current costs added
20,000
16,000
Total costs
Equivalent units
Costs per equivalent unit
Goods completed
Work in process, ending
90,000 units
10,000 units
Material costs are added at the beginning of the process. The
ending work in process is 50% complete with respect to
conversion costs.
Instructions:
What are the equivalent units of production and Cost Per
Equivalent Unit

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