Answer:
Equivalents Units Of Production Materials= 475,000
Conversion Costs 450,000
Cost of Completed Units =$ 5138250
Cost of Units in the Ending Inventory $ 604,500
Explanation:
Direct materials costs of $ 935,750
Conversion costs of $ 4,554,000
Total Manufacturing Costs $ 5489,750
Units % of Completion EUP
D.M C.C D.M C.C
Units completed 425,000 100 100 425,000 425,000
Ending Inventory 50,000 100 50 50,000 25000
Total Units Of Production 475,000 450,000
Direct Materials= $ 935,750/ 475000= $ 1.97
Conversion Costs = $ 4,554,000/ 450,000= $ 10.12
Cost of Completed Units =$ 5138250
Direct Materials = 425,000 * 1.97= $ 837250
Conversion Costs = 425,000 *10.12= $ 4301,000
Total Cost of Manufacturing Units= $ 5138250
Cost of Units in the Ending Inventory $ 604,500
Direct Materials = 50,000 * 1.97= $ 98,500
Conversion Costs = 50,000 * 10.12= 506000
Total Costs $ 604,500
