Question: Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below) Zia Co. makes flowerpots from



Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below) Zia Co. makes flowerpots from recycled plastic in two departments, molding and packaging. At the beginning of the month, the molding department has 4,500 units in inventory, 70% complete as to materials. During the month, the molding department started 30,500 units. At the end of the month, the molding department had 6,750 units in ending inventory, 80% complete as to materials. Units completed in the molding department are transferred into the packaging department Cost Information for the molding department for the month follows: Beginning work in process inventory (direct[ materials) Direct materials added during the month $ 3,700 52,900 2S 16-18 Weighted average: Computing equivalent units and cost per EUP (direct m Using the weighted-average method, compute the molding department's (a) equivalent units of production for Der equivalent unit of production for materials for the month. (Round "cost per equivalent unit of production" Direct Materials (a) Equivalent units of production (b) Cost per equivalent unit of production of 2 QS 16-19 Weighted average: Assigning costs to output LO C3 Using the weighted-average method, assign direct materials costs to the molding depart transferred out to the packaging department and the units that remain in process in the n round intermediate calculations.) OK Weighted Average Method nit Direct Materials Costs of units transferred out Direct materials Costs of ending work in process Direct materials Total costs assigned QS 16-20 Transfer of costs; ending WIP balances LO C3 Azule Co manufactures in two sequential processes, cutting and binding. The two departments report the information below for a recent month. Beginning work in process Cutting Binding Transferred in fron cutting dept. $ 2,000 Direct materials $ 1.195 2,790 Conversion 3,650 4,800 Costs added during March Direct materials $11,440 $ 7,596 Conversion 12,600 19,625 Transferred in from cutting dept. 21,670 Transferred to finished goods 43,000 Determine the ending balances in the Work in Process Inventory accounts of each department Cutting Binding Ending work in process
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