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a and b please Problem 872 (Algo) Operations Costing: Work-in-Process Inventory (LO 8-8) Chateaufort Craft (CC) makes three models of sea kayaks: CC-100, CC-200, and
a and b please
Problem 872 (Algo) Operations Costing: Work-in-Process Inventory (LO 8-8) Chateaufort Craft (CC) makes three models of sea kayaks: CC-100, CC-200, and CC-500. CC manufactures the boats in two departments: Department A (Assembly) and Department B (Finishing). All three models are processed initially in Department A, where all material is assembled. The CC-100 model is then transferred to finished goods. After processing in Department A, the CC-200 and CC- 500 models are transferred to Department B for final detailing, and then transferred to finished goods. There were no beginning work-in-process inventories on September 1. Data for September are shown in the following table. Ending work in process is 40 percent complete in Department A and 25 percent complete in Department 8 . Conversion costs are allocated based on the number of equivalent units processed in each department. Required: a. What is the unit cost of each model transferred to finished goods in September? b. What is the balance of work-in-process inventory on September 30 for Department A? Department B? Complete this question by entering your answers in the tabs below. What is the unit cost of each model transferred to finished goods in September? Note: Round your answers to the nearest whole dollar. Required: a. What is the unit cost of each model transferred to finished goods in September? b. What is the balance of work-in-process inventory on September 30 for Department A? Department B? Complete this question by entering your answers in the tabs below. What is the balance of work-in-process inventory on September 30 for Department A? Department B? Note: Round your answers to the nearest whole dollar Step by Step Solution
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