Question: Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September. Units Percent Complete Materials Conversion
Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September.
| Units | Percent Complete | ||
|---|---|---|---|
| Materials | Conversion | ||
| Work in process, September 1 | 1,000 | 55% | 10% |
| Units started into production during September | 8,400 | ||
| Units completed during September and transferred to the next department | 7,500 | ||
| Work in process, September 30 | 1,900 | 75% | 25% |
Required:
Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.
Find: Equivalent units of production- Materials? Conversion?
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