Question: please solve with working notes as soon as possible Note - transferred cost for may is $ 40,700 18-32 WEIGHTED-AVERAGE METHOD, PACKAGING DEPARTMENT In White

please solve with working notes as soon as possible
Note - transferred cost for may is $ 40,700  please solve with working notes as soon as possible Note -
transferred cost for may is $ 40,700 18-32 WEIGHTED-AVERAGE METHOD, PACKAGING DEPARTMENT

18-32 WEIGHTED-AVERAGE METHOD, PACKAGING DEPARTMENT In White Crab Company's packaging department, conversion costs are added evenly during the process, and direct materials are added at the end of the process. Spoiled units are detected upon inspection at the end of the process and are disposed of at zero net disposal value. All completed work is transferred to the next department. The trarsferred-in costs for May equal the total cost of good units completed and transferred out in May from the cleaning department, which were calculated in Problem 18-30 using the weighted-average method of process costing. Summary data for May follow: LO 2 EU of direct materials, work done to date, 16,000 LO2 EU of direct materials, work done to date, 16,000 Required For the packaging department, use the weighted-average method to summarize total costs to account for and assign total costs to units completed and transferred out (including normal spoilage), to abnormal spoilage, and to units in ending work-in-process

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