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Process Costing Production Report (Weighted Average) Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production. Units
Process Costing Production Report (Weighted Average)
Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production.
Units | Materials Cost | Conversion Cost | |
---|---|---|---|
Inventory on September 1 | 950 | $ 5,550 | $ 2,354 |
% Complete | 60% | 30% | |
Units Started | 3,150 | ||
Costs Added in September | $ 28,940 | $ 8,156 | |
Inventory on September 30 | 1,200 | ||
% Complete | 80% | 60% |
Required:
Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption.
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