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1 10 points Manama Company manufactures car seats. Each car seat passes through the assembly department and the testing department. This problem focus on the
1 10 points Manama Company manufactures car seats. Each car seat passes through the assembly department and the testing department. This problem focus on the assembly department The process-costing system at Manama Company has a single direct cost category (direct materials) and a single indurect cost category (convenios cods) Duect materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each can seat, it is immediately need to A Manama Company uses the weighted average method of process costing Data for the assembly department for October 2021 are as follows: testing Physical (Car Seats) Units Direct Materials Conversion Costs Work in process, October 1" 5,000 $1,250,000 $402,750 Started during October 2021 20,000 Completed during October 2021 22,500 Work in process, October 31 2,500 Total costs added during October $4,500,000 $2,337,500 2021 "Degree of completion: direct materials 100%; conversion costs, 60%. "Degree of completion: direct materials,100%; conversion costs, 70% Required: 1. Prepare a production cost worksheet with supporting schedules (.e. showing all the five steps) using the Weighted average of process costing 2. Prepare the journal entries for all October 2021 transactions affecting Work in Process-Assembly. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIS Paragraph Arial 10pt EEAR 52
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