Question
Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 4,000 units
Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 4,000 units in inventory, 70% complete as to materials. During the month, the molding department started 28,000 units. At the end of the month, the molding department had 6,000 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department. Cost information for the molding department for the month follows: Beginning work in process inventory (direct materials) $ 3,200 Direct materials added during the month 47,900 Using the weighted-average method, assign direct materials costs to the molding departments outputspecifically, the units transferred out to the packaging department and the units that remain in process in the molding department at month-end. (Do not round intermediate calculations.)
Weighted Average Method
Cost of units transferred out____
Direct Materials____
Cost of ending work in progress____
Direct Materials____
Total cost assigned____
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