(Solved):   Midway Metal, which uses the weighted average method, produces wire baskets in two dep ...

 

Midway Metal, which uses the weighted average method, produces wire baskets in two departments, Bending and Painting. The Work in Process Inventory T-account for the Bending department is shown below. The 3,300 units in beginning work in process inventory had direct materials costs of \( \$ 3,700 \) and conversion costs of \( \$ 2,900 \). Also shown is unit data for the Bending department this period. a. Compute equivalent units of production for both direct materials and conversion. b. Compute cost per equivalent unit of production for both direct materials and conversion. c. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. Complete this question by entering your answers in the tabs below. Compute equivalent units of production for both direct materials and conversion. ompute equivalent units of production for both direct materials and conversion. places.) Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)