Question: Bath Manufacturing Company uses the weighted average method for process costing. Bath produces processed food products that pass through three sequential departments. The costs for

Bath Manufacturing Company uses the weighted average method for process costing. Bath produces processed food products that pass through three sequential departments. The costs for Department 1 for September were as follows: Cost of beginning inventory: Materials $11,850 Conversion costs 20,544 Costs added in Department 1 during September: Direct materials $340,150 Direct labor 341,370 Manufacturing overhead 245,990 Department 2 handled the following units during September: Units in process, September 1 2,000 Units started in Department 1 48,000 Units transferred out to Department 2 46,000 Units in process, September 30 4,000 On average, the September 1 units were 30% complete, and the September 30 units were 60% complete. Materials are added at the beginning of the process and conversion costs occur evenly throughout the process in Department 1. Required Prepare the product cost report for September for Department 1. NOTE: Round cost per unit answers to two decimal places, and all other answers to whole numbers. NOTE: Enter percentages as whole numbers without the percentage sign, i.e. 100 for 100%. Equivalent Units % Work Direct % Work Conversion Where do the units come from? Where do the units go? done materials done costs Units in beginning inventory Answer 46000 Units completed/transferred Answer 46000 Answer 100 Answer Answer 100 Answer Number of units started Answer 4000 Units in ending inventory Answer 4,000 Answer 100 Answer Answer 60 Answer Total 50000 Totals 50000 0 0 Product Cost Report Direct Conversion Where do the costs come from? Total Materials Costs Beginning inventory 0 Answer Answer Current 0 Answer Answer Total costs to account for 0 0 0 Total equivalent units Answer Answer Average cost/equivalent unit Answer Answer Where do the costs go? Complete/transferred: Direct materials Answer Conversion costs Answer Cost of goods manufactured 0 Ending inventory: Direct materials Answer Conversion costs Answer Cost of ending inventory 0 Total costs allocated 0

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