Process Costing Production Report (Weighted Average) Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production. Units Materials Cost Conversion Cost $ 5,550 $ 2,354 30% Inventory on September 1 950 % Complete Units Started Costs Added in September Inventory on September 30 1,200 % Complete 3,150 60% $ 28,940 80% $ 8,156 60% Required: Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption. 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.

Process Costing Production Report (Weighted Average) Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's production. Units Materials Cost Conversion Cost $ 5,550 $ 2,354 30% Inventory on September 1 950 % Complete Units Started Costs Added in September Inventory on September 30 1,200 % Complete 3,150 60% $ 28,940 80% $ 8,156 60% Required: Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption. 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter9: Standard Costing: A Functional-based Control Approach

Section: Chapter Questions

Problem 30P: Algers Company produces dry fertilizer. At the beginning of the year, Algers had the following...

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Question

Process Costing Production Report (Weighted Average)
Carbata Company manufactures low-cost, basic tool kits in bulk. Below is the latest information for last month's
production.
Units Materials Cost Conversion Cost
$ 5,550
$ 2,354
Inventory on September 1 950
% Complete
Units Started
Costs Added in September
Inventory on September 30 1,200
% Complete
3,150
60%
$ 28,940
80%
30%
$ 8,156
60%
Required:
Use the information above to complete a Process Costing Production Report under the Weighed Average Assumption.
1. Use the Open Excel in New Tab button to launch this question.
2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect.

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