Applying Costs to Units—Weighted-Average Method [LO4]

Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses process costing, appear below:

A total of 1,300 units were completed and transferred to the next processing department during the period.
Required:
Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory.

Transcribed Image Text:

Equivalent units of production in ending work in process Cost per equivalent unit.. Materials Conversion 300 100 $31.56 $9.32