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Savannah Textiles Company manufactures a variety of natural fabrics for the clothing industry. The following data pertain to the Weaving Department for the month of
Savannah Textiles Company manufactures a variety of natural fabrics for the clothing industry. The following data pertain to the Weaving Department for the month of September Equivalent units of direct material (weighted-average method) 70,000 thod) Units completed and transferred out during September 61,000 The cost data for September are as follows: Work in process, September 1 Direct material $103,620 57,584 Conversion Costs incurred during September $218,380 332,816 Direct material Conversion There were 30,000 units in process in the Weaving Department on September 1 (100% complete as to direct material and 40% complete as to conversion) Required: Compute each of the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out of the Weaving Department. 2. Cost of the September 30 work-in-processs inventory in the Weaving Department. Required: Compute each of the following amounts using weighted-average process costing. 1. Cost of goods completed and transferred out of the Weaving Department. 2. Cost of the September 30 work-in-process inventory in the Weaving Department Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cost of goods completed and transferred out of the Weaving Department. (Round "Costs per equivalent unit" to 2 decimal places.) Cost of goods completed and transferred out Required 1 Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the cost of the September 30 work-in-process inventory in the Weaving Department. (Round "Costs per equivalent unit" to 2 decimal places.) Direct material Conversion Total Required 2>. Required 1
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