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Bahrain Company makes snow blowers. It has two departments that process all products: Assembly and Testing. The following data pertain to the Assembly department: Direct
Bahrain Company makes snow blowers. It has two departments that process all products: Assembly and Testing. The following data pertain to the Assembly department: Direct materials are added at the beginning of the process and conversion costs are uniformly incurred. The degree of completion of conversion cost is as follows: At the beginning of September, work in process is 40% complete and at the end of the month work in process is 60% complete. Other data for the month include: Beginning work-in-process inventory Units started Units completed Ending work-in-process inventory Conversion costs for September Direct materials cost September Beginning work-in-process costs: Materials i Conversion 6,400 units 8,000 units 12,800 units ? $800,000 $1,040,000 $616,000 $328,320 Required: a) Prepare a production cost schedule for the Assembly Department at the end of September using the weighted average method of process costing b) Prepare the necessary journal entries. (3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
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