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Geller Manufacturing uses a process cost system to manufacture sensors for the security industry. The following information pertains to operations for the month of March.
Geller Manufacturing uses a process cost system to manufacture sensors for the security industry. The following information pertains to operations for the month of March. Production: Units in process, March 1 12,000 units (60% complete with materials; 30% complete with conversion) Units completed and transferred-out 88,000 units Units in process, March 31 34,000 units (90% complete with materials; 50% complete with conversion) Costs: Work-In-Process, March 1: Materials S 44,400; Conversion S 30,500 Costs added during March: Materials $548,600; Conversion $599,500 Using the Weighted-Average method, prepare the production cost report. Physical Units Flow of Units: Uwis to be accounted for Ber WIPME Units started Total units to be accounted for Equivaleur hins Mammals Comversion Uw is accounted for as follows: Completed & transferredout End. WIP (MUC) Total units accounted for Total Materials Conversion Flow of Costs Costs to be accounted for Beg WP costs Costs added in en period Total costs to be accounted for. Costs per EU: Cost accounted for es follows Completed transferred-out End WIP Total costs accounted for
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