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1. Prepare a production report for the weaving department using weighted average. Direct materials are placed into production at the beginning of the process and

1. Prepare a production report for the weaving department using weighted average.

Direct materials are placed into production at the beginning of the process and conversion costs are incurred evenly throughout the process.

Physical Units Direct Materials Conversion Costs Total
Beginning work-in-process 10,000 units $13,020 $5,500 $18,520
Degree of Completion of Beginning Work in process at beginning of month 100% 30%
Started During April 90,000 units
Completed and transferred out during April 80,000 units 100% 100%
Ending Work In process Inventory 20,000 units
Degree of Completed of ending work in process 100% 60%
Total costs Added during April $90,500 $115,000 $205,500
Required:
1. Prepare a production report for the weaving department using weighted average. Please review exhibit 6.7.

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