In October, Refroidir Co.'s assembly division reported the following:

Assembly Division-Production:

Units in process, October 1, 40 percent complete........................200

Units completed............................................................1,500

Units in process, October 31, 50 percent complete.......................300

Required:
1. Using the weighted average method, prepare an equivalent units schedule for the assembly division.
2. Calculate the unit cost for the materials and conversion cost categories for the assembly division.
3. Calculate the cost of units transferred out and the cost of EWIP for the assembly division.

Transcribed Image Text:

Costs: Work in process, October 1: $ 68,000 70,200 129,000 Transferred-in Materials Conversion costs $S267,200 Total Current costs: Transferred-in $472,000 19,800 Materials Conversion costs 44,250 $536,050 Total