Please do not give solution in image format thanku 8Vista Vacuum Company has the following production information for the month of March. All materials are added at the beginning ofthe manufacturing process.Units.Beginning inventory of 4,000 units that are 100 percent complete for materials and 25 percent complete for conversion.14,900 units started during the period.Ending inventory of 3,800 units that are 20 percent complete for conversion.Manufacturing Costs• Beginning inventory was $18,600 ($9,000 materials and $9,600 conversion costs).. Costs added during the month were $28,500 for materials and $53,200 for conversion ($27,200 labor and $26,000 appliedoverhead).Assume the company uses Weighted-Average Method.Required:1. Calculate the number of equivalent units of production for materials and conversion for March2. Calculate the cost per equivalent unit for materials and conversion for March.3. Determine the costs to be assigned to the units transferred out and the units still in process.Complete this question by entering your answers in the tabs below.Cher Complete this question by enteringRequired 1 Required 2 Required 3Calculate the number of equivalent units of production for materials and conversion forEquivalent UnitsUnits CompletedEnding InventoryTotalRequired 1 Required 2PhysicalUnitsCost per Equivalent UnitUnits CompletedEnding InventoryTotal Cost Accounted for0$DirectMaterialsRequired 3K Required 1Calculate the cost per equivalent unit for materials and conversion for Marplaces.)DirectMaterialsDirectMaterials0Conversion0 $Conversion< Required 1Required 1 Required 2 Required 3Determine the costs to be assigned to the units transferred out and the units still in procrounded to 5 decimal places and your final answers to the nearest whole dollar amount.)Conversion0< Required 2Required 2 >0 $Total Cost0RequiRequired 3

The equivalent units are calculated on the basis of the percentage of the work completed during the…

Vista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units Beginning inventory of 4,000 units that are 100 percent complete for materials and 25 percent complete for conversion. 14,900 units started during the period. Ending inventory of 3,800 units that are 20 percent complete for conversion. Manufacturing Costs Beginning inventory was $18.600 ($9,000 materials and $9,600 conversion costs) . Costs added during the month were $28,500 for materials and $53,200 for conversion ($27.200 labor and $26,000 applied

Vista Vacuum Company has the following production information for the month of March. All materials are added at the beginning of the manufacturing process. Units Beginning inventory of 4,000 units that are 100 percent complete for materials and 25 percent complete for conversion. 14,900 units started during the period. Ending inventory of 3,800 units that are 20 percent complete for conversion. Manufacturing Costs Beginning inventory was $18.600 ($9,000 materials and $9,600 conversion costs) . Costs added during the month were $28,500 for materials and $53,200 for conversion ($27.200 labor and $26,000 applied

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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