1)_Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to...
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1)_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
1,900
55
%
10
%
Units started into production during September
9,300
Units completed during September and transferred to the next department
8,400
Work in process, September 30
2,800
75
%
25
%
Required:
Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.
2 Holling Inc. uses the weighted-average method in its process costing. The following data concern the companys Mixing Department for the month of December.
Materials
Conversion
Work in process, December 1
$
8,830
$
9,828
Cost added to production in the Mixing
Department during December
$
227,200
$
284,932
Equivalent units of production for December
10,600
10,100
Required:
Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)
3)
Hutchcroft Corporation uses the weighted-average method in its process costing. The following data concern the companys Assembly Department for the month of June.
Materials
Conversion
Cost per equivalent unit
$
33.30
$
36.10
Equivalent units in ending work in process
1,530
675
During the month, 8,000 units were completed and transferred from the Assembly Department to the next department.
Required:
Determine the cost of ending work in process inventory and the cost of units transferred out of the department during June using the weighted-average method. (Round your answers to 2 decimal places.)
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