Question: super confusing! if anyone coukd explain better it'd be greatly appreicated! Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain

 super confusing! if anyone coukd explain better it'd be greatly appreicated!super confusing! if anyone coukd explain better it'd be greatly appreicated!

Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September Percent Complete Units Materials Conversion Work in process, September 1 1,000 30 % 20 % Units started into production during September 8,000 Work in process, September 30 2,000 50 % 40 % $ S Cost in the beginning inventory: Materials Conversion Cost added to production in September Materials Conversion 12,500 35,000 $ 30.000 $ 45,000 1 Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September 2 Calculate the materials cost and conversion cost per equivalent unit. 1 2 3 3. What is the total cost of Work in process, September 30? 5 16 7 8 9 0 1 -2 3 14 4 What is the total cost of the units that are COMPLETED and transferred to the next department

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!