Question: ! Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below] Zia Company makes
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Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below] Zia Company makes flowerpots from recycled plastic in two departments, Molding and Packaging. Zla uses the weighted average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Production cost information for the Molding department for the same period follows. Beginnine work in process inventory (direct materials) $3,200 Direct aaterials added this period 34,480 QS 16-19 (Algo) Weighted average: Assigning costs to output LO P1 Using the weighted average method, assign direct materials casts to the Molding department's output-specifically, the units transferred out to the Packaging department and the units that remain in work in process in the Molding department at month-end Note: Round "Cost per EUP" to 2 decimal places. average method, and units completed in the Molding department are transferred to the Packaging department. Production unit information for the Molding department follows. Production cost information for the Molding department for the same period follows. Beginning work in process inventory (direct noterials) Direct materials added this period $3,260 34,480 QS 16-19 (Algo) Weighted average: Assigning costs to output LO P1 Using the weighted average method, assign direct materials costs to the Molding departments output-specifically, the units transferred out to the Packoging department and the units that remain in work in process in the Molding department at month-end Note: Round "Cost per EUP" to 2 decimal places
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