bleted and transferred out

leted and transferred out

ing work in process inventory

$38,500$

$100\%$

$60\%$

$16-14($Algo$)$ Weighted average: Production cost report LO P$2$

Molding department's production cost report using the weighted average method.

d "Cost per EUP" to $2$ decimal places.

$\begin{array}{cc}\text{i}\text{l}\text{i}\text{a}\text{t}\text{i}\text{o}\text{n}& ?\\ \text{u}\text{n}\text{t}\text{f}\text{o}\text{r}& ?\\ ?& ?\\ ?& ?\\ \text{a}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{f}\text{o}\text{r}& ?\\ \text{t}\text{e}\text{d}\text{f}\text{o}\text{r}& ?\\ ?& ?\\ \text{c}\text{o}\text{u}\text{n}\text{t}\text{e}\text{d}\text{f}\text{o}\text{r}& ?\end{array}$

Inits of Production $($EUP$)$

$\backslash$table$[[,$Units,Direct Materials,Conversion$],[,\%$ Complete,EUP,$\%$ Complete,EUP$],[,,,,,],[,,,,,],[$iits of production$],[5,,,$Direct Materials,,Conversion$],[,,,,,],[,,,,,],[,,$Costs,,Costs,$],[$units of production,,EUP,,EUP,$],[$valent unit of production,$0,,0],[$ment$,],[$nd transferred out,EUP,Cost per EUP,Total cost,,$],[$erials$],[,,,,,],[$leted and transferred out$],[$in process,EUP,Cost per EUP,Total cost,,$]]$Required information

Use the following information for the Exercises below. $($Algo$)$

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$[$The following information applies to the questions displayed below.$]$

The following data reports on the July production activities of the Molding department at Ash Company.

Beginning work in process

Direct materials $ $25,350$

Conversion $3,200$ $ $28,550$

Costs added this period

Direct materials $460,200$

Conversion $254,720714,920$

Total costs to account for $ $743,470$

Units Direct Materials Conversion

Percent Complete Percent Complete

Beginning work in process inventory $2,500100\%20\%$

Units started this period $39,000$

Completed and transferred out $38,500$

Ending work in process inventory $3,000100\%60\%$

Exercise $16-14($Algo$)$ Weighted average: Production cost report LO P$2$

Prepare the Molding department$$s production cost report using the weighted average method.

Note: Round "Cost per EUP" to $2$ decimal places.