Benefit Inc. uses two production processes to make the pink pins the company hands out each October to help build awareness of Breast Cancer. Benefit Inc. recently adopted the weighted average method to track and assign their costs.

Step 1 Physical Units Benrfit lor. Step 2 Equlvalent Units Diret Production Cost Report Pil ah oopti Materlal Dnalter Orbal Uhits to ocrount for : Imput Begining wark in process Direct Materials 8000 100% Direct Labor 30% Overhead 40% Phur Started in production during current period Equal: Total physical units to account for Uhits accounted for: Output 40,000 p00 Completed and tradered outduring current period Plus Ending work in proces curent perioe" s Direct Labor 40,500 100 7,500 100% 40,500 40.500 40.500 Direct Materials 7500 3,750 Orerbead Equal: Total physical units accounted for Tetal Equivalent Units t 4,500 60% 48,000 48,000 44,250 45,000 Total Direct Production Direct Materials Cost Overbead Labor Determine Total COST WIP Beg Cost added in current periad Total COST to account for $ 12.680 S $ 90.600 S $ 103.280 $ 10,000S 1060 S 1620 34.000 $ 22.000 $ 34600 44.000 $ 23.060 $ 36220