Question: Solve the Weighted Average Questions using the information below. Each product must pass through the Assembly Department and the Testing Department. The Tock Clock Company

Solve the Weighted Average Questions using the information below. Each product must pass through the Assembly Department and the Testing Department. The Tock Clock Company manufactures a single type of clock on a highly automated assembly line. Its co system uses two cost categories, direct materials and conversion costs. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Tock Clock Company uses weighted average costing. Data for the Assembly Department for June 2020 are: Work in process, beginning inventory 250 units Direct materials (100% complete) Conversion costs (50% complete) 800 units 150 units Units started during June Work in process, ending inventory: Direct materials (100% complete) Conversion costs (75% complete) Costs for June 2020: Work in process, beginning inventory: Direct materials Conversion costs Direct materials costs added during June Conversion costs added during June What are the equivalent units for direct materials during this period (June 2020)? $90.000 $135.000 $500,000 $500,000 1,200.5 units 1,050 units 1,012.5 units 962 units
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
