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McElroy, Incorporated produces a single model of a popular cell phone in large quantities. A...

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Accounting

McElroy, Incorporated produces a single model of a popular cell phone in large quantities. A single cell phone moves through two
departments, assembly and testing. The manufacturing costs in the assembly department during March follow:
The assembly department has no beginning Work-in-Process Inventory. During the month, it started 30,000 cell phones, but only
25,000 were fully completed and transferred to the testing department. All parts had been made and placed in the remaining 5,000
cell phones, but only 50% of the conversion had been completed. The company uses the weighted-average method of process
costing to accumulate product costs.
Required:
2. compute the cost of units completed and transferred to the testing department.
3. Compute the cost of the ending Work-in-Process.
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