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Physical Units (Car Seats) Direct Materials Conversion Costs Work in process, October 1 5,000 $1,250,000 $402,750 Started during October 2021 20,000 Completed during October 2021
Physical Units (Car Seats) Direct Materials Conversion Costs Work in process, October 1 5,000 $1,250,000 $402,750 Started during October 2021 20,000 Completed during October 2021 22,500 Work in process, October 31b 2,500 Total costs added during October 2021 $4,500,000 $2,337,500 "Degree of completion: direct materials 100%; conversion costs, 60%. "Degree of completion: direct materials, 100%; conversion costs, 70%. Required: 1. Prepare a production cost worksheet with supporting schedules (i.e. showing all the five steps) using the Weighted average of process cos 2. Prepare the journal entries for all October 2021 transactions affecting Work in Process-Assembly. r the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Save All Answers
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