Chaptor $16-$ Problem $2$

$100\%$

Preblien Welghted averagu Process coSt summary equivalent unita C$2$ C$3$ P$4$

That Co$,$ profaces its product terpopp foo peocening fepartments Curter and Aurmbly. Direct materiAls are addod it the start of profuction in the Curting department, asd cooverion eacts are aded cooly throughout esch process. $1$su compary uses mookly repoeling periods for its weighbed$-$everage proces coiting rystem. The Work is Frocess Lendory$-$Curing apcount has a balace of $$84,300$ us of October $1,$ which coerints of $$17,100$ of direct naterials and $$67,200$ of coeversion couts.

Durlig the meeth, flee Coting Appartment isourred the following costs.

At the beginales of the month, $30,000$ units were h process in the Cutting department. During Octiber, At the get ef the mosth, the Curting departments workia process inventory coestated of $20$ too units that were $10\%$ gomplete with respect to corvenlase covis.

Required

Prepare the Curling deparment's process cout wamary for Oevoler vilng the weighed$-$werage Check If Contis transleres $-15.1942,500$ method.

Prepare the fournal eatry duted Oetober $31$ to trensfer the cost of the partially eempleted vails to Astribly.