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Diulio Company produces a product in a process-costing system involving several departments

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Diulio Company produces a product in a process-costing system involving several departments. The company uses the weighted-average method of process costing. The first department's data for the month of April follow:

 

Units in beginning work-in-process inventory                          15,000

Units started during April                                                            140,000

Units completed during April                                                      120,000

Units in ending work-in-process inventory                                35,000

 

Direct materials added in current month                                $168,000

Conversion costs added in current month                              $186,000

Direct materials-beginning work-in-process inventory         $25,750

Conversion costs-beginning work-in-process inventory         $3,225

 

Stage of Completion:

                                                                                      Materials            Conversion Costs

Beginning work-in-process inventory                           50%                                     40%

Ending work-in-process inventory                                50%                                     30%

 

Required:

A) Compute equivalent units for materials and conversion costs.

B) Compute the cost per unit for materials and conversion costs. Round to two decimal places.

C) Compute the cost of the units transferred.

D) Compute the cost of the ending work-in-process inventory.