b$.$ An equivalent units calculation

Total Equivalent Units

Direct Materials

Conversion Costs

Transferred In

c$.$ Calculate the total unit costs. Round your intermediate computations and final answer to four decimal places.

$

per unit

d$.$ Calculate the cost of ending work in process and cost of goods transferred out. Round your answers to the nearest

dollar.

Cost of ending work in process: $$

Cost of goods transferred out: $

e$.$ A cost reconciliation. If required, round your answers to the nearest dollar.

Costs to account for:

Costs accounted for:

Note: Cost reconciliation totals differ due to rounding error. Prepare journal entries that show the flow of manufacturing costs for the Assembly Department. $($a$)$ Materials are added

at the end of the process, $($b$)$ conversion costs are recorded, and $($c$)$ the units are transferred to Finished Goods.

a$.$

$$

$$

b$.$

Work in Process$-$Assembly

$$

c$.$

Work in Process$-$Assembly $$Weighted Average Method, Journal Entries

Muskoge Company uses a process$-$costing system. The company manufactures a product that is processed in two

departments: Molding and Assembly. In the Molding Department, direct materials are added at the beginning of the

process; in the Assembly Department, additional direct materials are added at the end of the process. In both

departments, conversion costs are incurred uniformly throughout the process. As work is completed, it is transferred out.

The following table summarizes the production activity and costs for February:

Molding Assembly

Current production:

Costs:

Transferred in

Direct materials

Conversion costs

Percentage of completion:

Beginning inventory

Ending inventory

$40\%$

$80$

$?$

$$39,550$

$$106,900,$$$140,150$