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Manama Company manufactures one product through two processes, Assembly and Testing The company uses the weighted average method of process costing Ad materials are
Manama Company manufactures one product through two processes, Assembly and Testing The company uses the weighted average method of process costing Ad materials are added at the beginning of the process. The following tonation is extracted from the Company records of Assembly process, for April 2019 Beginning WIP inventory 5000 units Beg WP inventory, direct materials Seg WIP inventory, conversion costs $60,000 $36.800 Direct materials cost added during April $240.000 Conversion costs added during April $160.000 Units started in April 25,000 units Units completed 21,000 units Ending WIP inventory ?? units Direct materials are added at the beginning of the process. The degree of completion of conversion costs was 7006 for the beginning WIP inventory and 40% for the ending WIP Inventory. Required Prepare the last part of a production cost worksheet bor Assembly process using the weighted average method Assignment costs to completed units, ending work-in-process units and total costs
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