Question: Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the
Saddleback Company makes camping lanterns using a single production process. All direct materials are added at the beginning of the manufacturing process. Information for the month of March follows Units 117,800 Costs $ 192.000 S 536.000 Beginning work in process (30% completo) Direct materials Conversion cost 344.000 Total cost of beginning work in procoss Number of units started Number of units completed and transferred to finished goods Ending work in process (65% complete) Current period costs 243,000 34,800 Direct materials Conversion cost Total current period costs 507 400 648,000 S1,155,400 Required: 1 & 2. Using the weighted-average method of process costing, complete each of the following steps a. Reconcile the number of physical units worked on during the period. Beginning Units Units Started Total Units Units Completed Ending Units Total Units
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