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Step 1 TA Name Wayne Inc uses weighted average costing and has two depts: miding and packaging The following information relates to the work in
Step 1 TA Name Wayne Inc uses weighted average costing and has two depts: miding and packaging The following information relates to the work in the mong department for the month of May. Required: Prepare the maing department's process cost summary for May Use only cell referencing and formulas Do not enter data in the prey cells. Total costs to account for: costs of besinning work in Direct Material Convention Kosted thered ira Materials Tattor for Step 6 Totalcoscounted far from below May Data Beginning Work in Process Inventory Costs Direct Materials Conversion Costs $12,600 $8,100 During the month the company incurred the following costs: Direct materials Conversion Step 2 BRID units to count for: Bezinning work in prostor Ministered the per Total units to count for Total units mounted for Units completed and transferred out Ending work in prents Total units accounted for $39.50 $489,174 350 Units Beginning inventory Started Ending inventory Step 3 Equivalent units of production/EUPwelchted average method Materials EUP Materiales Conversion EP conversion Lancemedandtrandort Ending work in punts 540 Mata BOX 40% Beginning inventory percent completed Materials-Percent complete Conversion--Percent complete Ending Inventory percent completed Materials-Percent complete Conversion-Percent complete Step 4 Coster valent unit of modestien cantation Costed that TA Fondation |carilani masaratunan 40% 2017 FLIP Step 5 FLIP Cost EUP Totalcent Check figures Total equivalent units of production (EUP] Materials 7,475 Conversion 7.422 Total costs accounted for cost of units transferred out RA Convention Totalcareout Catatanding work in RARE Direct material Cost EUP Total cost Totalcartoonding work in Total.com
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