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Tamar Co. manufactures a single product USING WEIGHTED AVERAGE METHOD PLEASE FILL IN THE BLANKS! THANK YOU! Tamar Co. manufactures a single product in one

Tamar Co. manufactures a single product

image text in transcribed

USING WEIGHTED AVERAGE METHOD

image text in transcribed

PLEASE FILL IN THE BLANKS! THANK YOU!

Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Converslon costs are added evenly throughout the process. During May, the company completed and transferred 23,500 units of product to finished goods Inventory. Its 5,400 units of beginning work In process consisted of $17,300 of direct materlals and $329,940 of converslon costs. It has 3,600 units (100% complete with respect to direct materials and 80% complete with respect to conversion)n process at month-end. During the month, $497,600 of direct material costs and $2,519,100 of converslon costs were charged to production

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