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XYZ Company operates two departments, the assembly department and the finishing department, and employs a weighted average process costing system. During June, the assembly department
XYZ Company operates two departments, the assembly department and the finishing department, and employs a weighted average process costing system. During June, the assembly department reported the following information: units % complete DM % complete conversion work in process, June 1 37,000 54% 72% units completed during June 52,000 work in process, June 30 24,000 45% 70% The cost of beginning work in process and the costs added during June were as follows: DM Conversion work in process, June 1 $30,320 $75,775 costs added during June $447220 660,325 XYZ company uses a weighted average process costing system. Calculate the unit cost in May with respect to direct materials.
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