The Blending Department for KanMont Paints started October with 1,100 gallons in process and started in production
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Question:
The Blending Department for KanMont Paints started October with 1,100 gallons in process and started in production 9,600 gallons. During the month, 7,100 gallons were completed and transferred to the next department. Ending work-in-process was 3,600 gallons (100% complete with respect to direct materials and 20% complete for conversion costs). The department uses the weighted-average method. The Blending Department incurred the following costs:
Beginning WIP – Direct materials costs $ 500 |
Beginning WIP –Conversion costs 1,200 |
Direct materials added during the month 5,800 |
Conversion costs added during the month 5,200 |
Total $12,740 |
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