PA6. LO 5.3 Narwhal Swimwear has a beginning work in process inventory of 13,500 units and transferred in 130,000 units before ending the month with 14,000 units that were 100% complete with regard to materials and 30% complete with regard to conversion costs. The cost per unit of material is $5.80 and the cost per unit for conversion is $8.20 per unit. Using the weighted-average method, what is the amount of material and conversion costs assigned to the department for the month?

Solution

Beginning work in process
Transferred in
Units to account for
		Material	Conversion
Completed and transferred
Ending inventory
Units to account for
Cost per unit
Total cost for department