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Thanks for using Office! We've made some updates to the privacy settings to give you more control. Your organization's admin allows you to use

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Thanks for using Office! We've made some updates to the privacy settings to give you more control. Your organization's admin allows you to use several cloud-backed services. You get to decide whe go to the Office on the web Privacy Settings. These optional cloud-backed services are provided to you under the Microsoft Services Agreement. Leam mox G22 1 A E Jackson Ltd. uses an automated process in its manufacturing operations. H M 3 2 On September 1, the company had 15,000 units in beginning work in process which were 60% complete with respect to conversion. During the month of September, it started 100,000 units into production and completed 80,000 units. 4 On September 30, there were 20,000 units in process, which were 90% complete with respect to conversion. 5 6 Direct materials are added at the 80% stage of completion. 7 Inspection happens at the 75% stage of production. B Normal spoilage is 10% of all good units that pass inspection. 9 10 The beginning inventory had direct materials costs of $136,000 and conversion costs of $38,765. 11 During the month, the company issues $620,000 of direct materials and incurred $199,400 of conversion costs. 12 13 Required 14 1. Prepare a production cost worksheet using the Weighted Average method: 15 a) Calculate the physical units to account for. (1 mark) 16 b) Compute equivalent units for DM and CC. (8 marks) 17 c) Summarize total costs to account for. (1 mark)

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