Question: Bachelet Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a

 Bachelet Inc. uses the weighted-average method in its process costing system.

Bachelet Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month. Work in process, beginning: Units in process Percent complete with respect to materials... Percent complete with respect to conversion. Costs in the beginning inventory: Materials cost... Conversion cost. 400 90% 40% $756 $4,448 Units started into production during the month. 13,000 Units completed and transferred out.. 13,300 Costs added to production during the month: Materials cost.. $29,949 Work in process, ending: Units in process Percent complete with respect to materials.... Percent complete with respect to conversion.. 100 50% 30% Required: Prepare a three part cost report using the weighted-average method: a. Determine the total equivalent units of production for materials and conversion costs. b. Determine the cost per total equivalent unit for materials and conversion costs. c. Determine the cost of units transferred out of the department during the month. d. Determine the cost of ending work in process inventory in the department. e. Journalize the entry for cost of good manufactured during the period

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