Question
Problem 8-53 (Algo) Prepare a Production Cost Report: Weighted-Average Method (LO 8-3, 4) Kansas Supplies is a manufacturer of plastic parts that uses the
Problem 8-53 (Algo) Prepare a Production Cost Report: Weighted-Average Method (LO 8-3, 4) Kansas Supplies is a manufacturer of plastic parts that uses the weighted average process costing method to account for costs of production It produces parts in three separate departments: Molding, Assembling, and Packaging. The following information was obtained for the Assembling Department for the month of April Work in process on April 1 had 106,000 units made up of the following Degree of Prier department costs transferred in from the Melding Department Costs added by the Assembling Depart Direct materials Direct labor Manufacturing everhead work in process, Apr 12:1 Amount Completion 5143,200 2006 99,100 35,372 24,402 100% 50% During April, 506.000 units wire transfemed in from the Molding Department at a cost of $683300 The Assembling Department added the following costs Siress waterials Brac Later facturing overha Yotal costs added S275,000 28,908 2199,018 Assembling freshed 406.000 units and transfered them to the Packaging Department At Apr 30, 206.000 units were stil in work process inventory The degree of completion of work in process inventory at April 30 was as follows
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