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transferred-in costs weighed-average, Larsen company Transferred in costs, weighted average method (related to 17-30 to 17-32). Larsen Company, as you know, is a manufacturer of

transferred-in costs weighed-average, Larsen company
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Transferred in costs, weighted average method (related to 17-30 to 17-32). Larsen Company, as you know, is a manufacturer of car seats. Each car seat passes through the Assembly Department and Testing Department This problem focuses on the Testing Department. Direct materials are added when the Testing Department process is 90% complete. Conversion costs are added evenly during the Testing Department's process. As work in Assembly is completed, each unit is immediately transferred to Testing As each unit is completed in Testing, it is immediately transferred to Finished Goods. Larsen Company uses the weighted-average method of process costing. Data for the Testing Department for October 2009 are: What is the percentage of completion for (a) transferred in costs and direct materials in beginning work in process inventory and (b) transferred in costs and direct materials in ending work-in-process inventory? For each cost category compute equivalent units in the Testing Department. Show physical unit in the first column of your schedule

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