Question: Sino-electronics East-Africa Ltd manufactures electric meters for sale to its African andMiddle-East customers. The product goes through three departments. The followinginformation is available for the first department during June, 2014.Required: Assume that the company uses the weighted-average process costing.
a) Determine the equivalent units for June for the first process.
b) Compute the costs per equivalent unit for June for the first process.
c) Determine the total cost of ending work in process inventory and the total cost of unitstransferred to the second process in June.
d) Reconcile the total costs assigned to the ending work in process inventory and the unitstransferred out with the costs in beginning inventory and costs added during the period.