Question: Bachelette uses the weighted average method in its process costing system. Work in process beginning : Units in process 400 Percent complete with respect to

Bachelette uses the weighted average method in its process costing system.

Work in process beginning :

Units in process 400

Percent complete with respect to materials 90%

Percent complete with respect to conversion 40%

Costs in beginning inventory:

Material cost $756

Conversion cost $4448

Units started into production during the month $13,000

Units completed and trasfered out $13,000

Costs added to production during month:

Material cost $29,949

Conversion cost $362,127

Work in process ending,

Units in process $100

Percent complete with respect to materials 50%

Percent complete with respect to conversion 30%

Use the weighted average method to :

Determing the equivalent units of production for materials and conversion units

Determine the cost per equivalent unit for materials and conversion cost

Determine cost of units transferred out during the month

Determine cost of ending work in process inventory in the department

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!