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Problem 8-72 (Static) Operations Costing: Work-in-Process Inventory (LO 8-8) Chateaufort Craft (CC) makes three models of sea kayaks: CC-100, CC-200, and CC-500, CC manulactures the

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Problem 8-72 (Static) Operations Costing: Work-in-Process Inventory (LO 8-8) Chateaufort Craft (CC) makes three models of sea kayaks: CC-100, CC-200, and CC-500, CC manulactures the boots in two departments: Department A (Assembly) and Department B (Finishing). All three modeds are processed initially in Department A, where all material is assembled. The CC-100 model is then tuansferred to inished goods. After processing in Department A, the CC-200 and CC 500 models are transfecred to Deportment B for fral detaling, ond then transferred to finished goods. There were no beginning work th process inventories on September 1. Data for September are shown in the following table. Ending work in process is 40 percent complete in Deportment A and 25 percent complete in Department 8 . Conversion costs are allocated based on the number of equlvalent units processed in each department. Required: a. What is the unit cost of each model transferred to finthed goods in September? b. What is the balance of work-in process inventory on September 30 for Department A? Department B? Cemplete this question by entering your answers in the tabs below. What is the unit cost of cach model transferred to finished goodt in September? Problem 8-72 (Static) Operations Costing: Work-in-Process Inventory (LO 8-8) departments Deportment A (Assemby) and Deportment B (Finishing). All three models are processed intially in Department A, where alf matetails assembled. The CCtbo model is then transferred to finished goods. After processing in Department A, the CC-200 and cc.s00 models are transfored to Deportment B for final detoiling, and thee transferred to finished goods There were no begining work inprocess inventories on September 1. Data for September are shown in the following table. Ending work in process is 40 percent complete in Department A and 25 pereent complete in Depsriment B. Conversion costs are alloctited based on the number of equivilent units processed in each depsitment Aequired: a. What is the unit cost of each model transtered to finished goods in September? b. What is the balance of workin grocess inventery on Segtember 30 for Department A? Depactment a? Complete this questien by entering your answers in the tabs below. What it the balance of work-in process inventory en September 30 for Department A) Department b

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