Additiona data: The direct materials (rubber pads) are added at the end of the plating process. Conversion costs are incurred evenly throughout the process. Work in process of the Plating Department on March 1 consisted of 1,200 racks. The $35,350 beginning balance of Work in Processlong dashPlating includes $21,600 of transferred-in cost and $13,750 of conversion cost. During March, 2,400 racks were transferred in from the Shaping Department. The Plating Department transferred 2,100 racks to finished goods inventory in March and 1,500 were still in process on March 31. This ending inventory was 50% of the way through the plating process.

Data:

Work in Process InventoryPlating
March 1 balance	35,350
Transferred-in from Shaping	43,200
Direct materials	25,200
Direct labour	22,000
Manufacturing overhead	35,500

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

100% complete or 1500 racks started but not completed or 2100 racks and transferred out etc

Start

Complete

Complete

Requirement 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.)

Classic Accessories
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.)

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