17-35 Weighted-average method. Star Toys manufactures one type of wooden toy figure. It buys wood as its direct material for the Forming Department of its Madison plant. The toys are transferred to the Finishing Department, where they are hand-shaped and metal is added to them. The process-costing system at Star Toys has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added when the Forming Department process is 10% complete. Conversion costs are added evenly during the Forming Department's process. Star Toys uses the weighted average method of process costing Consider the following data for the Forming Department in April 2004: Work in process, April 1" Started during April 2004 Completed during April 2004 Conversion Costs Physical Units (Toys) Direct Materials 300 $ 7,500 $2,125 2.200 2,000 500 Work in process, April 30 Costs added during April 2004 $70,000 $42,500 "Degree of completion: direct materials, 100% conversion costs, 40% "Degree of completion; direct materials, 100%; conversion costs, 25% Summarize total Forming Department costs for April 2004, and assign these costs to units completed (and Required transferred out) and to units in ending work in process. PROCESS COSTING 619