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Savannah Textiles Company mnufactures a variety of natural fabrics for the clothing industry. The following data pertain to the Weaving Department For the month of

Savannah Textiles Company mnufactures 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) 75,000

Equivalent units of conversion (weighted-average method) 67,000

Units completed and transferred out during September 66,000

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The cost data for September are as follows:

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Work in process, September 1

Direct material $107,820

Conversion 48,704

Costs incurred during September

Direct material $229,680

Conversion 366,696

___________________________________________________________________________________________________________

There were 35,000 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-process inventory in the Weaving Department?

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