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Off RoadOff Road manufactures auto roof racks in a? two-stage process that includes shaping and plating. Steel alloy is the basic raw material of the shaping process. The steel is moulded according to the design specifications of automobile manufacturers? (Ford and General? Motors). The Plating Department then adds an anodized finish. At March? 31, before recording the transfer of cost from the Plating Department to Finished Goods? Inventory, the Off RoadOff Road general ledger included the following? account:

1. Fill in the time line for the Plating Department.

start	complete	complete

2. Prepare the March production cost report for the Plating Department. Before we can start the production cost report we must first compute the Plating? Department's equivalent units. ?(For entries with a zero? balance, make sure to enter? "0" in the appropriate? cell.)

Off Road
Plating Department
Equivalent Unit Computations (Weighted-Average)
	Flow of	Equivalent Units
	Physical	Transferred-	Direct	Conversion
Flow of Production	Units	in	Materials	Costs
Units accounted for:
Total equivalent units

Now we will begin the production cost report by completing the first half of the report. Compute the cost per equivalent unit. ?(For entries with a zero? balance, make sure to enter? "0" in the appropriate? column.)

Off Road
Plating Department
Production Cost Report (Weighted-Average)
	Transferred-	Direct	Conversion
	in	Materials	Costs	Total
Cost per equivalent unit

Complete the March production cost report by assigning the costs to units completed and transferred out and to ending inventory. ?(Enter quantities? first, then the cost per equivalent unit amounts in the same order as calculated in the preceding step. For entries with a zero? balance, make sure to enter? "0" in the appropriate? cell(s). Round your answers to the nearest whole? dollar.)

???

Off Road
Plating Department
Production Cost Report (Weighted-Average Method)
		Transferred-		Direct				Conversion			Total
		in		Materials				Costs			Costs

Assignment of total costs:

x (

+

+

)

x

x

x

Total cost accounted for

Requirement 3. Journalize all transactions affecting the Plating Department during? March, including the entries that have already been posted.

Record the journal entry for the cost of the units transferred in from the Shaping Department. ?(Record debits? first, then credits. Explanations are not? required.)

Journal Entry
Date		Accounts	Debit	Credit

Record the direct? materials, direct? labour, and manufacturing overhead assigned to the Plating Department.

??

Journal Entry
Date		Accounts	Debit	Credit

Prepare the journal entry to record the cost of units completed and transferred out.

Journal Entry
Date		Accounts	Debit	Credit

Work in Process Inventory -Plating
March 1 balance	26,370
Transferred-in from Shaping	28,800
Direct materials	28,600
Direct labour	20,867
Manufacturing overhead	36,763

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