Question: . IX 2 Paragraph 2 3 11 ' . . Styles . Beginning work-in-process inventory Units started Units placed in finished goods Conversion costs

. IX 2 Paragraph 2 3 11 ' . . Styles . Beginning work-in-process inventory Units started Units placed in finished goods Conversion costs Cost of direct materials Beginning work-in-process costs: Required: Materials Conversion 1,600 units/40% 2,000 units 3,200 units $200,000 $260,000 $154,000 $.82.080 a. Prepare a production cost worksheet with supporting schedules using the weighted- average method of process costing. b. Prepare journal entries to record transferring of materials to processing and from processing to finished goods. input output BWIP + New units Completed & converted units +EWIP 1600 2000 = 3200 ? 400 #I

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