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 |
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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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