Problem: Maverick Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below.
Work in process, beginning:
Units in beginning work in process inventory 400
Materials costs $6,900
Conversion costs $2,500
Percent complete for materials 80%
Percent complete for conversion 15%
Units started into production during the month 6,000
Units transferred to the next department during the month 5,600
Materials costs added during the month $112,500
Conversion costs added during the month $210,300
Ending work in process:
Units in ending work-in-process inventory 800
Percentage complete for materials 70%
Percentage complete for conversion 30%
Required: Calculate the equivalent units for conversion for the month in the first processing department.
Are you too studying this course and need an external assistance for precisely finishing your assignment tasks, then you must avail our Weighted-Average Method Assignment Help service for excelling your academic grades.
Tags: Weighted-Average Method Assignment Help, Weighted-Average Method Homework Help, Weighted-Average Method Coursework, Weighted-Average Method Solved Assignments