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Koodo 9:26 AM 221 Chapter & Systems Design Process Costing aerage...

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Koodo 9:26 AM 221 Chapter & Systems Design Process Costing aerage Method h wo production Percentage Complete Units Materials Conversion 30% k i pcess beginning Sarted into prodaction Completed and tranderred ou Wk in pces, ending.. 50,000 430.000 380.000 75% Completion ith Respect 100,000 60% 40% Conversion Materials Conversion 25% S 25,000 Wk in process, beginning Costs added during Jane $ 45,500 $425,500 $145,000 Reaired Ame that the company uses the weighted-average method Determine the equivalent units for June for the first process Compute the costs per equivalent unit for June for the first process ADetermine the total cost of ending work in process inventoryy and the total cost of units transferred o the next process in June. 4Prepare a report that reconciles the total costs assigned to the ending work in process inventory and the units transferred out with the costs in beginning inventory and costs added during the period PROBLEM 6-11 Equivalent Units; Assigning Costs-Weighted-Aerage Method LO4, LOS

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