Karlene Industries produces plastic ice cube trays in two processes: heating and stamping.
All materials are added at the beginning of the Heating Department process. Karlene uses
the weighted-average method to compute equivalent units.
On November 1, the Heating Department had in process 1,000 trays that were 70%
complete. During November, it started into production 12,000 trays. On November 30,
2014, 2,000 trays that were 60% complete were in process.
The following cost information for the Heating Department was also available.

Instructions
(a) Prepare a production cost report for the Heating Department for the month of
November 2014, using the weighted-average method.
(b) Journalize the transfer of costs to the Stamping Department.

Transcribed Image Text:

Work in process, November 1: Materials $640 Conversion costs 360 Cost of work in process, Nov. 1 $1,000 Costs incurred in November: Material Labor Overhead $3,000 2,300 4,050