Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please show the work on how to do it! thank you :) Required information [The following information applies to the questions displayed below.) Zia Co.
Please show the work on how to do it! thank you :)
Required information [The following information applies to the questions displayed below.) Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 3,400 units in inventory, 70% complete as to materials. During the month, the molding department started 25,000 units. At the end of the month, the molding department had 5,100 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department Cost information for the molding department for the month follows: Beginning work in process inventory (direct materials) Direct materials added during the month $ 2,600 41,900 Using the weighted-average method, assign direct materials costs to the moldin department's output-specifically, the units transferred out to the packaging department and the units that remain in process in the molding department at month-end. (Do not round intermediate calculations.) Weighted Average Method Direct Materials Costs of units transferred out Direct materials Costs of ending work in process Direct materials Total costs assigned SStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started