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Materials are added at the beginning of a production process, and ending work in process inventory is 40% omplete with respect to conversion costs. Use
Materials are added at the beginning of a production process, and ending work in process inventory is 40% omplete with respect to conversion costs. Use the information provided to complete a production cost eport using the weighted average method. Costs to Account For Beginning inventory: materials $9,000 Beginning inventory: conversion 20,000 Direct material 61,200 Direct labor 74,000 Applied overhead 46,896 Total costs to account for $211,096 4,000 Units to Account For Beginning work in process Units started into production Transferred out 22,000 20,000 Production Cost Report Completed and transferred out 20,000 Ending work in process Total units to account for Work in process completion percent 100% 40% Material Units Conversion Units Total Units Completed and transferred out Ending work in process Total units to account for Check My Work Previous Next Assignment Score: 80.32% Email Instructor Save and Exit Submit Assignment for Grading Alte 9 05 HW Transferred out 20,000 Production Cost Report 20,000 Completed and transferred out Ending work in process Total units to account for Work in process completion percent 100% 40% 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 departments Transferred out costs End work in process: materials End work in process: conversion End work in process: total Costs to account for Check My Work Previous Next ssignment Score: 80.32% Email Instructor Save and Exit Submit Assignment for Grading TITANIUM BL e 9
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