Homework Process Costing Assignment I 8 Required Information The Following Information Applies To The Questions Disp 1 (69.44 KiB) Viewed 13 times
Homework: Process Costing Assignment i 8 ! Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials $ 24,150 2,900 Conversion $ 27,050 Costs added this period. Direct materials 403, 200 Conversion 213,440 616,640 $643,690 Total costs to account for Direct Materials Percent Complete 100% Conversion Percent Complete 20% 2,500 Beginning work in process inventory Units started this period 36,000 Completed and transferred out 35,500 Ending work in process inventory 3,000 100% 60% Prepare the Molding department's production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Part 1 of 2 3 points eBook 100 Hint Print O References Units Saved
8 Part 1 of 2 3 points Pronare the Molding department's production cost report using the weighted averane method Wound "C'est nor FLIU" to 2 decimal Required information X Answer is not complete. ✓ 2,500 ✓ 36,000✔ 38,500 ✓ 35,500✔ ✔ 3.000 38.500 Direct Materials Conversion % Complete Costs EUP Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP) Equivalent units of production Cost per EUP Total costs + Equivalent units of production Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Direct materials Conversion Total ending work in process Total costs accounted for Units EUP EUP % Complete Costs EUP Cost per EUP Cost per EUP $ $ 0.00 0.00 EUP Materials 0 Total cost Total cost EUP Conversion 0
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