Question
Erin Enterprises uses the weighted-average method of process costing. The following data has been recorded for the mixing department for October: Work in process inventory,
Erin Enterprises uses the weighted-average method of process costing. The following data has been recorded for the mixing department for October: Work in process inventory, beginning: Units in process 500 Stage of completion with respect to direct materials 40% Stage of completion with respect to conversion 15% Costs in the beginning inventory Material costs $1,027 Conversion costs $1,982 Units started into production during October 29,000 Units completed and transferred out 28,900 Costs added to production during October Material costs $35,057 Conversion costs $122,982 Work in process inventory, ending: Units in process 600 Stage of completion with respect to direct materials 50% Stage of completion with respect to conversion 20%. Show all calculations. Prepare a production report for the Division using the weighted-average method.
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