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Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department
Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Compan Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 12,850 1,680 $ 14,530 583,240 385,000 198,240 $ 597,770 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Direct Materials Conversion Percent Percent Units Complete Complete 1,500 100% 20% 35,000 34,500 2,000 100% 60% Prepare the Molding department's production cost report using the weighted average method. (Round "Cos places.) Unit Reconciliation Units to account for Beginning work in process 1,500 Units started this period 35,000 Total units to account for 36,500 Units accounted for
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