Question: Superlor Micro Products uses the weighted - average method of process costing. During January, the Assembly Department completed Its processing of 2 6 , 0
Superlor Micro Products uses the weightedaverage method of process costing. During January, the Assembly
Department completed Its processing of units and transferred them to the next department. The cost of
beginning work in process Inventory and the costs added during January totaled $ The ending work in
process inventory In January consisted of units, which were complete for materlals and complete for
labor and overhead. The costs per equivalent unit for the month were as follows:
Required:
For January:
Compute the equivalent units of materlals, labor, and overhead in the ending work in process inventory.
Compute the cost of ending work in process Inventory for materlals, labor, overhead, and in total.
Compute the cost of the units transferred to the next department for materlals, labor, overhead, and in total.
Prepare a cost reconcillation report.
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Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory.
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