Sachelet inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in Process, beginning: 400 units Cost Materials 90% complete $756 Conversion 40% complete $4,448 Units Started into Production during the month 13,000 Units Completed and Transferred Out 13,300 Work in Process, Ending 100 units Materials 50% complete Conversion 30% complete Costs added to production during the month: Materials cost $29,949 Conversion cost $362,127 Total costs to account for $397,280 ======3=
Sachelet inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in Process, beginning: 400 units Cost Materials 90% complete $756 Conversion 40% complete $4,448 Units Started into Production during the month 13,000 Units Completed and Transferred Out 13,300 Work in Process, Ending 100 units Materials 50% complete Conversion 30% complete Costs added to production during the month: Materials cost $29,949 Conversion cost $362,127 Total costs to account for $397,280 ======3=
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter5: Process Cost Accounting—general Procedures
Section: Chapter Questions
Problem 2P: Dublin Brewing Co. uses the process cost system. The following data, taken from the organizations...
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