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Required information [The following information applies to the questions displayed below.] Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging.
Required information [The following information applies to the questions displayed below.] Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging. Zia uses the weighted average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Molding-Direct Materials Percent Complete. Beginning work in process inventory Units started this period Ending work in process inventory Units 3,200 24,000 3,000 70% 80% Production cost information for the Molding department for the same period follows. Beginning work in process inventory (direct materials). Direct materials added this period $ 2,400 32,180 Compute the Molding department's (a) units completed and transferred out, (b) equivalent units of production for direct materials, and (c) cost per equivalent unit of production for direct materials.
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