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Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weighted - average process costing method to account
Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weightedaverage process costing method to account for costs of production in all three departments. The following information was obtained for the Fabricating Department for the month of September. Work in process on September had units made up of the following: Amount Degree of Completion Prior department costs transferred in from the Extruding Department $ Costs added by the Fabricating Department Direct materials $ Direct labor Manufacturing overhead $ Work in process, September $ During September, units were transferred in from the Extruding Department at a cost of $ The Fabricating Department added the following costs: Direct materials $ Direct labor Manufacturing overhead Total costs added $ Fabricating finished units and transferred them to the Packaging Department. At September units were still in workinprocess inventory. The degree of completion of workinprocess inventory at September was as follows: Direct materials Direct labor Manufacturing overhead Required: a Prepare a production cost report for September using the FIFO. Note: Round "Cost per equivalent unit" to decimal places.
Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weightedaverage process costing method to account for costs of production in all three departments. The following information was obtained for the Fabricating Department for the month of September.
Work in process on September had units made up of the following:
Amount Degree of Completion
Prior department costs transferred in from the Extruding Department $
Costs added by the Fabricating Department
Direct materials $
Direct labor
Manufacturing overhead
$
Work in process, September $
During September, units were transferred in from the Extruding Department at a cost of $ The Fabricating Department added the following costs:
Direct materials $
Direct labor
Manufacturing overhead
Total costs added $
Fabricating finished units and transferred them to the Packaging Department.
At September units were still in workinprocess inventory. The degree of completion of workinprocess inventory at September was as follows:
Direct materials
Direct labor
Manufacturing overhead
Required:
a Prepare a production cost report for September using the FIFO.
Note: Round "Cost per equivalent unit" to decimal places.
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