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Author Question: Weather Instruments assembles products from component parts. It has two departments that process all ... (Read 200 times)

faduma

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Weather Instruments assembles products from component parts. It has two departments that process all products. During January, the beginning work in process in the assembly department was half complete as to conversion and complete as to direct materials. The beginning inventory included $12,000 for materials and $4,000 for conversion costs. Overhead is applied at the rate of 50% of direct manufacturing labor costs. Ending work-in-process inventory in the assembly department was 40% complete. All spoilage is considered normal and is detected at the end of the process. 

AssemblyFinishing
Beginning work-in-process units20,00024,000
Units started this period40,000?
Units transferred this period50,00054,000
Ending work-in-process units8,00020,000
Material costs added$44,000$28,000
Direct manufacturing labor$16,000$24,000

Required: 
Prepare a production cost worksheet using weighted-average for the assembly department>


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Marked as best answer by faduma on Mar 6, 2021

abro1885

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