Chilly Clothing Company is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Chilly uses the weighted-average method of process costing. The following information for June, this year, is available. (Click the icon to view the information.) Requirements 1. Calculate equivalent units of transferred-in costs, direct materials and conversion costs. 2. Summarise total costs to account for, and calculate the cost per equivalent unit for transferred-in costs, direct materials and conversion costs. 3. Assign total costs to units completed (and transferred out) and to units in ending work-in-process. Q A Etext pages @ 2 N L Requirement 1. Calculate equivalent units of transferred-in costs, direct materials and conversion costs. (Enter an amount in each input cell.) Equivalent Units option Work-in-process, beginning inventory (1 June) Transferred in during June To account for Completed and transferred out during June Work-in-process, ending inventory (30 June) Accounted for Work done to date W Get more help - S # 3 20 F3 X E command $ 4 D 888 FA R C % Physical Units (tons) 5 TI F T

Regulvenents Data table Chilly Clothing Company is a manufacturer of winter clothes. It has a knitting department and a finishing department. This exercise focuses on the finishing department. Direct materials are added at the end of the process. Conversion costs are added evenly during the process. Chilly uses the weighted-average method of process costing. The following information for June, this yeat, is avallable. (Click the icon to view the information) Requirements 1. Calculate equivaient units of transferred-in costs, direct materials and conversion costs. 2. Summarise total costs to account for, and calculate the cost per equivalent unit for transferredin costs, direct materials and conversion costs. 3. Assign total costs to units completed (and transferred out) and to units in ending work-in-process. Requirement 1. Caiculate equivalent units of transferred-in costs, direct materials and comversion costs. (Enter an amount in each input cell ) Work-in-process, beginning inventory (1 June) Transferred in during June To account for Completed and transferred out during June Work-in-process, ending inventory ( 30 June) Accounted for Work done to date Data table