assigned to the units completed and transferred to the Stamping Department and to the ending...
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assigned to the units completed and transferred to the Stamping Department and to the ending work Can u please help me with this exercise? with the calculations? and question 2 a connect CASE 6-18 Effect of Incorrect Costing across Departments-- Weighted Average Method [LO2, LO3, LO4, LO5) three processing departments: Mixing, Forming, and Stamping. The company's accountant (who is inexperienced) has prepared a summary of production and costs for the Forming Department October, as follows: Work in process inventory, October 1 (8,000 units; materials 100% complete conversion The complete). $22,420 Costs transferred in from the Mixing Department 81.480 Material added during October (added when processing is 50% complete in the Forming Department) 27.600 Conversion costs added during October 96.900 Total departmental costs. $228,400 Forming Department costs assigned to Units completed and transferred to the Stamping Department (100,000 units at $2.284 cach) S228,400 Work in process inventory, October 31 (5,000 units, conversion is complete). Total departmental costs assigned $228.400 Consists of cost transferred in, Sk820, materials cost, 53,400, and conversion costs, $10.200 After mulling over the data above. Tavia's president commented. "I can't understand what's happening Department last month. With that kind of performance, year-end bonuses are out of the question for the people in that department." The company uses the weighted average method in its process costing. Required: 1. Prepare a report for the Forming Department for October showing how much cost 2 Explain to the president why the unit cost appearing co the report prepared by the accountant is so bigt CASE 6-19 Inventory Valuation under Process Costing-Wol. ILO2, 103, 104, LOS Using an old file should have been

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