Bachelet Incorporated uses the weighted-average method in its process costing system. The following data concern the operations ofthe company's first processing department for a recent month.Work in process, beginning:Units in processPercent complete with respect to materialsPercent complete with respect to conversionCosts in the beginning inventory:Materials costConversion costUnits started into production during the monthUnits completed and transferred outCosts added to production during the month:Materials costConversion costWork in process, ending:Units in processPercent complete with respect to materialsPercent complete with respect to conversionRequired:Using the weighted-average method:58072%58%$ 1,656$ 5,38415,10014,200$ 30,867$ 363,44128068%48%a. Determine the equivalent units of production for materials and conversion costs.b. Determine the cost per equivalent unit for materials and conversion costs.c. Determine the cost of units transferred out of the department during the month.d. Determine the cost of ending work in process inventory in the department.

Name: Bachelet Incorporated uses the weighted-average method in its process
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Bachelet Incorporated uses the weighted-average method in its process costing system. The following data concern the operations ofthe company's first processing department for a recent month.Work in process, beginning:Units in processPercent complet