Burford Plastics manufactures plastic milk cartons. In the manufacturing process, all materials are added at the start of work-in-process and conversion costs are incurred uniformly through the manufacturing process. The following data was reported for the month of January 2019:

Required

(a) Prepare a process costing report for January 2019 assuming Burford Plastics uses weighted average costing. 

(b) In February 2019, the factory accountant reported the following information:  

Prepare a process costing report for February 2019 assuming Burford Plastics uses weighted average process costing.

Transcribed Image Text:

Units in opening inventory Units started this period... Units completed and transferred out. Cost of materials in opening inventory Conversion costs in opening inventory. Materials costs incurred this period... Conversion costs incurred this period. Percentage completion ending inventory.. 15,000 85,000 90,000 $19,000 $25,000 $62,000 $465,000 80%