How to solve

Using the weighted average method, calculate the cost per bolt for Fabric FB$70.($See Ch$.6)$

A$.$ Weaving and Pattern Department

i$.$ Physical flow schedule

ii$.$ EU schedule $($DM$,$ CC$)$

iii. Cost per EU $($DM$,$ CC$)$

You will need to calculate applied OH

iv$.$ Cost of goods transferred out

B$.$ Coloring and Bolting Department

i$.$ Physical flow schedule

You will need to convert from yards to bolts

ii$.$ EU schedule $($Transferred$-$in$,$ DM$,$ CC$)$

iii. Cost per EU $($Transferred$-$in$,$ DM$,$ CC$)$

You will need to calculate applied OH

C$.$ Unit cost of a bolt of Fabric FB$70$

$\backslash$table$[[$Beginning inventar,Weaving and Pattern,Coloring and Bolting$],[$Units$*,,],[$Costs:$,20,000,400],[$Transferred in$,$$$0,$$$100,000],[$Materials$,$$$80,000,$$$8,000],[$Labor$,$$$18,000,$$$6,600],[$Current production: $$22,000$ e$],[],[$Units started,$80,000,?],[$Units transferred out Costs:,$80,000,3,200],[$Costs: $80,000],[$Transferred in$,$$$0,?],[$Materials$,$$$320,000,$$$82,000],[$Labor$,$$$208,000,$$$99,400],[$Overhead$,?,?],[$Percentage completion:$],[$Beginning inventory,$30\%,40\%],[$Ending inventory,$40\%,50\%]]$