Question
Ahlia Products Company uses an automated process to clean and polish its souvenir items. For March, the company had the following activities: Beginning work in
Ahlia Products Company uses an automated process to clean and polish its souvenir items. For March, the company had the following activities:
Beginning work in process inventory 80 items, 50% complete
Units placed in production 200 units
Ending work in process inventory 160 items, 75% complete
Beginning work-in-process direct materials $1,000
Beginning work-in-process conversion $1,000
Direct materials added during month $1,400
Direct manufacturing labor during month $900
Factory overhead during month $260
Direct materials are placed into production at the Ending of the process and conversion costs are incurred evenly throughout the process.
Instructions: Prepare a production cost worksheet using the Weighted Average method.
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