Equivalent Units and Product Cost ReportWeighted Average Method

The following data (and annotations) are for the work in process account of the first of Crocker Company's four departments used in manufacturing its only product for October of 2016.

Work in Process-Department 1
Beginning balance (2,000 units, 70% complete)
Direct material	$31,000
Conversion costs	14,400
Transferred to department 2 (20,000 units)	(a)
Direct material (21,000 units)	315,000
Direct labor	217,800
Manufacturing overhead	72,450
Ending balance [ (b) units, 25% complete]	(c)

Assuming that Crocker uses the weighted average method and that materials are added at the beginning of the process and conversion costs are incurred evenly throughout, solve for the three missing numbers.

Round average cost per equivalent unit to four decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number.

Crocker Company Department 1 Equivalent Units Calculations, October 2016
		Equivalent Units
		% Work done	Direct Materials		% Work Done	Conversion Costs
Complete/Transferred	Answer	Answer%	Answer		Answer%	Answer
Ending Inventory b.	Answer	Answer%	Answer		Answer%	Answer
Total	Answer		Answer			Answer

Product Cost Report
			Direct Materials		Conversion Costs
Beginning Inventory	$Answer		$Answer		$Answer
Current	Answer		Answer		Answer
Total Costs to Account For	$Answer		$Answer		$Answer
Total Equivalent Units			Answer		Answer
Average cost / Equivalent unit (round four decimal places)			$Answer		$Answer
Complete / Transferred:
Direct Materials	$Answer
Conversion costs	Answer
Cost of Goods Manufactured	$Answer	a.
Ending Inventory:
Direct Materials	$Answer
Conversion costs	Answer
Cost of Ending Inventory	$Answer	c.
Total Costs Allocated	$Answer