Question: Expresso Corporation uses weighted average method process costing and has just completed the production for the month of April. Relevant data for its two departments
Expresso Corporation uses weighted average method process costing and has just completed the production for the month of April. Relevant data for its two departments follow:
April 2020
Mixing Dept.Finishing dept.
Quantity
Work in process, beg.1,000900
Stage of completion50%50%
Started in process3,0003,500
Transferred to next department3,5003,800
Work in process, end500600
Stage of completion20%50%
In process, beg.
Cost from the preceding deptP -P 1,130
Materials 8001,800
Labor1,2003,200
Overhead1,0002,000
TotalP3,000P8,130
Cost added:
Cost from the preceding deptP -P ?
Materials2,8005,580
Labor4,2005,000
Overhead3,3202,100
Question:
- Compute the cost of goods transferred to Finishing Dept.
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