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Production Report, Weighted Average Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer uses the weighted average method. Manufacturing costs are
Production Report, Weighted Average Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer uses the weighted average method. Manufacturing costs are added uniformly throughout the process. The following are cost and production data for the cutting department for October: Production: Units in process, October 1, 40% complete 4,000 Units completed and transferred out 27,200 Units in process, October 31, 60% complete 8,000 Costs: WIP, October 1 Costs added during October $32,000 608,000 Required: Prepare a production report for the cutting department. If an amount box does not require an entry, leave it blank or enter "0". Manzer Inc. Cutting Department Production Report For the Month of October (Weighted Average Method) Unit Information Physical flow: Units to account for: Units in beginning WIP Units started Total units to account for Units accounted for:
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