. Eclypso Inc. manufactures a product that passes through two processes: mixing and molding. All manufacturing...

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. Eclypso Inc. manufactures a product that passes through twoprocesses: mixing and molding. All manufacturing costs are addeduniformly in the mixing department. Information for the mixingdepartment for October is as follows: Work in process, October 1:Units (45% complete) 7,200 Direct materials $42,000 Direct labor$50,400 Overhead $14,400 During October, 38,400 units werecompleted and transferred to the molding department. The followingcosts were incurred by the mixing department during October: Directmaterials $144,000 Direct labor $192,000 Overhead $60,000 ByOctober 31,3600 unit that were 85% complete remained in mixingdepartment. Eclypso uses the weighted average method. Eclypso'scost of goods transfered to the molding department during octoberwould be?

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Solution Cost of goods transferred to the molding department 463488 Below is the explanation and working Weighted Average Average Cost Method Physical Units Count Under this method the percentage completion done in the Beginning Inventory is ignored while calculating the equivalent completed units during the current period See Answer

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