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Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April. Assume all materials are added at the
Brite Toothbrushes has gathered the following information to complete its Production Report for the month of April. Assume all materials are added at the beginning of the process. Required: Using the provided information, complete the report. (Round cost per Equivalent Units to 2 decimal places.) BRITE TOOTHBRUSHES Process Costing Production Report (Weighted Average Method) Assembly Department For the Month Ended April 30, Current Year UNITS Units to be accounted for: Physical Units Beginning work in process 50% complete as to conversion 5,500 Started into production 58,000 Total units 63,500 Units accounted for: Completed and transferred out Ending work in process 30% complete as to conversion Total units COSTS Cost of beginning work in process Current period costs Total costs Equivalent units Cost per equivalent unit Costs to be accounted for: Beginning work in process Current period costs Total costs Costs accounted for. Completed and transferred out Ending work in process Total costs 51,000 Equivalent Units Direct Materials Conversion Cost Direct Materials $ Conversion Cost 45,500 $ 10,500 $ $ 1,016,000 $ 492,750 $ Total Cost 56,000 1,508,750 Direct Materials Conversion Cost Total Cost
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