Compute Costs per Equivalent Unit: Weighted-Average Method The following information pertains to the… 2 answers below »

Compute Costs per Equivalent Unit: Weighted-Average Method

The following information pertains to the Davenport plant for the month of May (all materials are added at the beginning of the process):

 

Units

Material Costs

Beginning work in process

270,000

$ 99,000

Started in May

720,000

316,800

Units completed

765,000

 

Ending work in process

225,000

 

Required

Compute the cost per equivalent unit for materials using the weighted-average method.

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