Question

In: Accounting

Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its...

Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September.

Percent Complete
Units Materials Conversion
Work in process, September 1 2,800 55 % 10 %
Units started into production during September 10,200
Units completed during September and transferred to
the next department		 9,300
Work in process, September 30 3,700 75 % 25 %

Required:

Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.

materials-

conversion-

Solutions

Expert Solution

Solution

Equivalent units
Material                    12,075
Conversion                    10,225

Working

Statement of Equivalent Units(Weighted average)
Material Conversion cost
Units Complete % Equivalent units Complete % Equivalent units
Transferred                      9,300 100%                       9,300 100%                     9,300
Closing WIP                      3,700 75%                       2,775 25%                         925
Total                    13,000 Total                    12,075 Total                   10,225

ekkarill92 answered 1 year ago
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