ch3 3-16

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Ch 03 Ex 3.16 1 Exercise 3-16 (Algo) Weighted average: Production cost report LO P2 Elliott Company produces large quantities of a standardized product. The following information is available for its est production department for Morch Prepare a production cost report for the department using the weighted average method. (Round "Cost per EUP" to 2 decimal places) rect Material Comis Percent percent Units Complete Corelete Beginning work in process inventory 4,000 Units started this period 40.000 Completed and transferred out 36,000 Ending work in process inventory 2.000 Beginning work in process inventory Direct materials $ 6,320 Conversion 1220 $ 20,048 Costs added this period Direct materials 313,120 Conversion 576.09 889216 Total costs to account for 5.99.264 n As ELLIOTT COMPANY - Department Production Cost Report - Weg Avenue Method For Month Ended March 31 Unit Reconciliation Units to account for Total unite to account for Units accounted for Total units accounted for Equivalent Units of Production (EUP) Direct Materials EUP Unite Conversion S. Come EUP Equivalent Units of Production Cost per Equivalent Unit of Production Direct Material Conversion EUP Cost EUP Total costs Equivalent units of production Cost per equivalent of production rounded to decimals) Cost Assignment Completed and transferred out EUP Dremel Conversion Cost per EUP Total cost EUP Center EUP Total cost Ending work in process Direct material Conversion Totalcoute counted for