Question: u Question 17 3 pts [Note] To answer this and next questions that require process costing work, refer to the following information (this same data
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u Question 17 3 pts [Note] To answer this and next questions that require process costing work, refer to the following information (this same data will appear on the next question!): SafeMax, Inc. manufactures a child's car seat which is processed sequentially in 3 departments: Molding, Assembling and Finishing. The company uses the Weighted-Average method to account for costs of production. During May, the following information was obtained for the Assembling Department which adds all materials only at the beginning of its process: Work-in-process, May 1 (50% complete for conversion......... Units transferred-in during May...... Work-in-Process, May 31 (30% complete for conversion)..... 300 units 4,200 units 700 units Costs in beginning WIP............ Transferred-in $3,600; Materials $2,800; Conversion $2,350 Costs transferred-in/added...... Transferred-in $50,400; Materials $42,200; Conversion $57,800 What are the total equivalent units of production for transferred-in and for materials? Transferred-in: 4,010; Materials: 4,500 Transferred-in: 4,500; Materials: 4,500 Transferred-in: 4,500; Materials: 4,010 Transferred-in: 4,500; Materials: 3,800
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