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The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials $ 33,700 Conversion
The following data reports on the July production activities of the Molding department at Ash Company.
Beginning work in process | ||
---|---|---|
Direct materials | $ 33,700 | |
Conversion | 4,440 | $ 38,140 |
Costs added this period | ||
Direct materials | 563,200 | |
Conversion | 333,000 | 896,200 |
Total costs to account for | $ 934,340 |
Units | Direct Materials | Conversion | |
---|---|---|---|
Percent Complete | Percent Complete | ||
Beginning work in process inventory | 3,000 | 100% | 20% |
Units started this period | 44,000 | ||
Completed and transferred out | 43,500 | ||
Ending work in process inventory | 3,500 | 100% | 60% |
Prepare the Molding department's production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Unit Reconciliation Units to account for Total units to account for Units accounted for Total units accounted for Equivalent Units of Production (EUP) Direct Materials Conversion % Complete EUP Units % Complete EUP Equivalent units of production Cost per EUP Direct Materials Conversion Total costs Costs Costs EUP EUP EUP Cost per EUP Total cost + Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP Cost per EUP Total cost
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