Monfort Company Had the Following Information (1) What Are Equivalent Units of Production for Materials?
(2

Monfort Company had the following information
$\begin{array}{|l|c|r|r|}\hline && \% \text { of } & \\\hline& \text { \% of Materials } & \text { Direct Labor } & \\\hline& \text { Complete } & \text { \& Overhead Complete } & \text { Units } \\\hline \text { Beginning Inventory } & 100 \% & 75 \% & 125,000 \\\hline \text { Units Started \& Completed } & & & 200,000 \\\hline \text { Ending Inventory } & 100 \% & 60 \% & 40,000 \\\hline\\\hline \text { Cost of direct materials } & \$ 748,000 \\\hline \text { Conversion costs } & 833,400 \\\hline \text { Beginning work-in-process } & 148,500 \\\hline\end{array}$
(1.) What are equivalent units of production for materials?
(2.) What was the cost per equivalent unit of production for materials during the period?
(3.) What were the equivalent units of production for conversion cost?
(4.) What was the cost per equivalent unit of production for conversion costs?

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(1.) 240,0...

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