Top That manufactures baseball-style hats. Material is introduced at the out of the process. As Cutting Department. Conversion costs are incurred (and allocated) uniformly the cutting of material is completed, the pieces are immediately Data for the Cutting Department for the month of February 2003 follow:work in the process throughout the process. As transferred to the Sewing DepartmentWork in process, January 31 - 50,000 units100% complete for direct materials, 40% completed for conversion costsActual costs of direct materials, $70,500; actual costs of conversion,$34,050Units started during February, 225,000Units completed during February, 200,000Work in process, February 28 - 75,000 units100% complete for direct materials, 20% completed for conversion costsDirect materials added during February factual costs] $342,000Conversion costs added during February factual costs $352,9501. Assuming Top That uses the weighted-average method to account for inventories, the equivalent units of work for the month of February are Direct Materials Conversion Costsa. 225,000 225,000b. 200,000 200,000c. 275,000 215,000d. 225,000 200,0002. Assuming Top That used the weighted-average method to account for inventories, the cost per equivalent whole unit produced during February is?a. $3.30 b. $3.55.
c. $ 3.77.
d. $4.003. Assuming Top That uses the weighted-average method to account for inventories, the assignment of costs to work in process at the end of February is?a. $300,000.
b. $266,250.
c. $166,525
d. $139,500.