Saved

Help

Save & Exit

$4$

$8$

points

Skipped

References

Problem $8-59($Algo$)$ Prepare a Production Cost Report: Weighted$-$Average Method $($LO $8-3,4)$

Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weighted$-$average process costing method to account for costs of production in all three departments. The following information was obtained for the Fabricating Department for the month of September.

Work in process on September $1$ had $15,000$ units made up of the following:

$\backslash$table$[[,$Amount,Degree of Completion$],[$Prior department costs transferred in from the Extruding Department Costs added by the Fabricating Department,$ $81,250,100\%],[$Costs added by the Fabricating Department$],[$Direct materials,$ $41,500,],[$Direct labor,$ $10,400,90\%],[$Manufacturing overhead ts$,9,620,35\%],[,$$ $61,520,],[$Work in process, September $1,$$ $142,770,]]$

During September, $75,000$ units were transferred in from the Extruding Department at a cost of $$466,250.$ The Fabricating Department added the following costs:

$\backslash$table$[[$Direct materials,$$214,200$