Question: Help me with this Avignon Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first
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Avignon Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.: Work in process, beginning: Units in process........." 900 Percent complete with respect to materials ...... 80% Percent complete with respect to conversion..... 10% Costs in the beginning inventory: Materials cost.... $6,768 Conversion cost ........" $3,186 Units started into production during the month.... 10,000 Units completed and transferred out ................... 10,100 Costs added to production during the month: Materials cost. $97,104 Conversion cost ......" $356,940 Work in process, ending Units in process... 800 Percent complete with respect to materials ...... 90% Percent complete with respect to conversion..... 20% Complete the following table: DM CC Equivalent Units of Production units units Cost per equivalent Unit (round to 2 decimal place) $ $ Ending Inventory Value(round to nearest whole dollar) Transferred Out value (round to nearest whole dollar)
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