Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help figuring out how to solve this problem. User cramire X Dashboard X Test 3, Ch 18 X C The Plastic F X

I need help figuring out how to solve this problem.

image text in transcribed
User cramire X Dashboard X Test 3, Ch 18 X C The Plastic F X C A Company X C The Plastic F X C QS 16-18 W X "Stand Up, S x C 1 Pts DI Que x G how to take X + X F C newconnect.mheducation.com/flow/connect.html Q NP QV CO Apps San Joaquin Delta... SJDC Student MUSIC 004 Explorin. G can i restore previo... Home - BankMobil.. Test 3, Ch 18, 19 & 20 i Submitted 77/105 Total points awarded Help Exit 4 Required information [The following information applies to the questions displayed below.] Part 2 of 2 Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 3,300 units in inventory, 70% complete as to materials. During the month, the molding department started 24,500 units. At the end of the month, the molding department had 4,950 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department. 0/28 Cost information for the molding department for the month follows: points awarded Scored Beginning work in process inventory (direct materials) $ 2,500 Direct materials added during the month 40,900 Using the weighted-average method, assign direct materials costs to the molding department's output-specifically, the units transferred out to the packaging department and the units that remain in process in the molding department at month-end. (Do not round intermediate calculations.) Weighted-Average Method Direct Materials Costs of units transferred out Direct materials $ 37,017 X Costs of ending work in process Direct materials 6,415 X Total costs assigned $ 43,432 *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. Mc Fraw

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan

17th Edition

0135628474, 9780135628478

More Books

Students also viewed these Accounting questions

Question

Compare and contrast penicillin and lysozyme.

Answered: 1 week ago