Company uses an automated process to clean and polish its souvenir items. For March, the company had the following activ
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Company uses an automated process to clean and polish its souvenir items. For March, the company had the following activ
Company uses an automated process to clean and polish its souvenir items. For March, the company had the following activities: Beginning work in process inventory Units placed in production Ending work in process inventory 80 items, 50% complete 200 units 160 items, 75% complete Beginning work-in-process direct materials Beginning work-in-process conversion Direct materials added during month Direct manufacturing labor during month Factory overhead during month $1,000 $1,000 $1,400 $900 $260 Direct materials are placed into production at the Ending of the process and conversion costs are incurred evenly throughout the process. Instructions: Prepare a production cost worksheet using the Weighted Average method.