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11 Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April. Assume all materials are added at the
11
Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April. Assume all materials are added at the beginning of the process. Required: Using the provided information, complete the report. (Round cost per Equivalent Units to 2 decimal places.) Brite Toothbrushes Process Costing Production Report (Weighted Average Method) Assembly Department For the Month Ended April 30, XXXX UNITS Physical Units Units to be accounted for: Beginning work in process 50% complete as to conversion 7,000 arted into production 59,500 Total units 66,500 Equivalent Units Direct Conversion Materials Cost Units accounted for: 54,000 Completed and transferred out Ending work in process 30% complete as to conversion Total units COSTS Direct Conversion Materials Cost S 47,000 $ 12,000 $ Total Cost 59,000 Cost of beginning work in process Current period costs Total costs S 997,500 S 577,500 S 1,575,000 Equivalent units Cost per equivalent unit Direct Materials Conversion Cost Total Cost Costs to be accounted for Beginning work in process Current period costs Total costs Costs accounted for Completed and transferred out Ending work in process Total costsStep by Step Solution
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