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Completion Statu Manama Company muniachas car seats. Each em seat passes through the misenkly department and the testing department. This problem foomes on the membly
Completion Statu Manama Company muniachas car seats. Each em seat passes through the misenkly department and the testing department. This problem foomes on the membly department. The process costing system at Manama Company but a single direct cost category (direct materials) and a single indarct-cod category (cover cont) Dict natale are added t the beginning of the process Conversion costs are added evenly during the process When the ambly department finishes work on each on seat, it is mediately led to Manama Company uses the weighted average method of process costing Data for the usembly department for October 2021 are follows testing Physical (Car Seats) Unit Direct Materials Conversion Costs Work in process, October 1 5,000 $1,250,000 $402,750 Started during October 20211 20,000 Completed during October 2021 22,500 Work in process, October 31 2,500 Total costs added during October 2021 $4,500,000 $2,337,500 "Degree of completion: direct materials 100%; conversion costs, 60% "Degree of completion: direct materials, 100%; conversion costs, 70% Required: 1. Prepare a production cost worksheet with supporting schedules (i.e. showing all the five steps) using the Weighted average of process costing. 2. Prepare the journal entries for all October 2021 transactions affecting Work in Process-Assembly
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