Question: Please do it in Excel format, thank you Company uses the weighted average method of process costing. It had 70,000 units in beginning inventory, which

Please do it in Excel format, thank you
Company uses the weighted average method of process costing. It had 70,000 units in beginning inventory, which ere 45% complete as to materials and 60% complete as to conversion. During the month, it started 110,000 units. At the end of e month, 56,000 units were in inventory, which were 80% complete as to materials and 45% complete as to conversion. Cost formation is as follows: Assign and reconcile costs Cost of units completed and transferred out Direct materials Conversion Total cost of units completed this period Cost of units in ending inventory Direct materials Conversion Total cost of units completed this period Total costs accounted for
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
