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Whiporwill Pizza, a manufacturer of frozen pizzas, has the following data: Work in Process, October 1 10,000 units Direct material $5,500 Conversion 17,000 Costs incurred
Whiporwill Pizza, a manufacturer of frozen pizzas, has the following data: Work in Process, October 1 10,000 units Direct material $5,500 Conversion 17,000 Costs incurred during October Direct material $110,000 Conversion 171,600 * Complete as to direct material: 40% complete as to conversion The equivalent units of activity for October are: Pirect material (weighted average method) 110,000 Conversion (weighted average method) 92,000 Completed and transferred out 90.000 Required: Compute the following amounts using weighted averago process costing 1. Cost of goods completed and transferred out during October 2. Cost of the October 31 work-in-process inventory TTTT Paragraph v Arlal v 3 (12pt) VEE T XD09 EEEE33T' T, 2 25 ---5 O Sx Mashups 28 0 88 DO LC Path:p
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