Question: * Safari 1 0 : 2 7 AM Mon Oct 2 1 8 1 % take home exa...chapter 5 and 6 Home Insert Draw Layout

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take home exa...chapter 5 and 6
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Chapter 5 and 6
2. Hoffman Company manufactures car seats in its Boise Plant. Each car seat passe through the assembly department and the testing department. This problem focuses on the assembly department. The process costing system at Hoffman has a single direct cost category (direct materials) and a single indirect cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing.
Hoffman uses the weighted average method of process costing. .Data for the assembly department for October is a s follows:
\table[[Description,\table[[Percent],[complete],[conversion]],\table[[Physical Units],[Car Seats]],Direct Materials,\table[[Conversion],[Costs]]],[\table[[Work in process],[October 1]],45%,4,000,$1,248,000,$241,650
* Safari 1 0 : 2 7 AM Mon Oct 2 1 8 1 % take home

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