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Materials are added at the beginning of a production process, and ending work in process inventory is 20% complete with respect to conversion costs. Use

Materials are added at the beginning of a production process, and ending work in process inventory is 20% complete with respect to conversion costs.
Use the information provided to complete a production cost report using the weighted-average method.
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Materials are added at the beginning of a production process, and ending work in process inventory is 20% complete with respect to conversion costs Use the information provided to complete a production cost report using the weighted average method. Costs to Account for Beginning inventory: materials $11,000 Beginning inventory: conversion 20,000 Direct material 46,500 Direct labor 75,000 32,664 Applied overhead Total costs to account for $185,164 Units to Account For 5,000 Beginning work in process Units started into production Transferred out 20,000 19,000 Production Cost Report Completed and transferred out Ending work in process Total units to account for Work in process completion percent 100% 20% Material Units Conversion Units Total Units Completed and transferred out Ending work in process Total units to account for Costs to account for Materials Conversion Total Beginning work in process Incurred during the period Total costs to account for Equivalent units Cost per equivalent unit for department $ Transferred out costs End work in process: materials End work in process: conversion End work in process: total Costs to account for $

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