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Wetzel Manufacturing Company has two departments, assembly and finishing. The following data for the Assembly Department for June Year 2 is provided: Direct Labor Overhead
Wetzel Manufacturing Company has two departments, assembly and finishing. The following data for the Assembly Department for June Year 2 is provided: Direct Labor Overhead Beginning work in process Started during the month Completed during the month Ending work in process Costs added during month Direct Units Complete Material 500 75% 1,500 1,750 250 $18, 276 40% $7,620 $4,564 Required: 1) Prepare a cost of production report for the Assembly Department. Wetzel uses the weighted average method to determine equivalent units, 2) How much cost should be transferred to the Finishing Department? Direct Labor Overhead Total $ 9,500 $7,620 $4,564 $30,460 Wetzel Manufacturing Company has two departments, assembly and finishing. The following data for the Assembly Department for June Year 2 is provided: Direct Labor Overhead Beginning work in process Started during the month Completed during the month Ending work in process Costs added during month Direct Units Complete Material 500 75% 1,500 1,750 250 $18, 276 40% $7,620 $4,564 Required: 1) Prepare a cost of production report for the Assembly Department. Wetzel uses the weighted average method to determine equivalent units, 2) How much cost should be transferred to the Finishing Department? Direct Labor Overhead Total $ 9,500 $7,620 $4,564 $30,460
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