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just need answer to 12.11 PART 4 Process Costing - Weighted Average 8 General Information 10 The I See The Light Company has a related

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just need answer to 12.11
PART 4 Process Costing - Weighted Average 8 General Information 10 The I See The Light Company has a related company that produces the figurines. They use process costing 11 in the molding department. The factory overhead is applied at a rate of 50% of direct labor dollars 12. The material is added at the beginning of the process. The labor and overhead costs are assumed 17 to be added uniformly throughout. 27 Month of January 29 Selected information for January is presented below. Note that the applied overhead rate was 30 50% of direct labor costs in the molding department. 37 Molding Department 39 Goods in process as of January 1 were 3,300 figurines at a cost of $55.287.00. Of this amount, $5.412.00 was from 44 raw materials added, 533,250.00 for labor and $16,625.00 for overhead. These 3,300 figurines were assumed to be 45 70.00% complete as to labor and overhead. 47 During January, 25,000 units were started, 540,434.00 of materials and $41.360.00 of labor costs were incurred 53 The 5,000 figurines that were in process at the end of January were assumed to be 60.00% complete to 54 labor and overhead. 56 Al figurines in January passed inspection 10 11 10 Physical Flow of Units 3.300 units 25,000 units 28,300 units 12 Work in Process - Beginning 13 Units Started this period 19 Units to Account for 20 21 Total transferred out 22 Work-in-Process - Ending 23 Total Accounted for 22.300 units 6,000 units (12.01) (12.02) Equivalent Units Material (Round to two places, ##.###.## 281300.00 (12.03) Equivalent Units Conversion (Round to two places, ######) 25,900.00 (12.04) 49 Total cost of Material (Round to two places, ## ### 45.846.00 (12.05) Total cost of Conversion (Round to two places, ##.### Total cost to account for (Round to two places, . . 112,665,00 158,511.00 (12.06) (12.07) Cost por equivalent unit of Material (Round to two places, # ## 1111 (12.08) Cost per equivalent unit of Conversion (Round to two places, # (12.09) Cost of the ending inventory material and convesion (Round to two places. S 25380.00 (12.10) 100 Cost of the units transferred material and convesion (Round to two placas, SA (12.11)

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