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Required information Skip to question [The following information applies to the questions displayed below.] The following data reports on the July production activities of the
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[The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Company.
Beginning work in process | ||
---|---|---|
Direct materials | $ 27,150 | |
Conversion | 3,650 | $ 30,800 |
Costs added this period | ||
Direct materials | 552,450 | |
Conversion | 323,390 | 875,840 |
Total costs to account for | $ 906,640 |
Units | Direct Materials | Conversion | |
---|---|---|---|
Percent Complete | Percent Complete | ||
Beginning work in process inventory | 2,500 | 100% | 20% |
Units started this period | 43,500 | ||
Completed and transferred out | 43,000 | ||
Ending work in process inventory | 3,000 | 100% | 60% |
Prepare the Molding departments production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.)
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