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Expresso Corporation uses weighted average method process costing and has just completed the production for...

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Question

Accounting

Expresso Corporation uses weighted average method process costing and has just completed the production for the month of April. Relevant data for its two departments follow:

April 2020

Mixing Dept.Finishing dept.

Quantity

Work in process, beg.1,000900

Stage of completion50%50%

Started in process3,0003,500

Transferred to next department3,5003,800

Work in process, end500600

Stage of completion20%50%

In process, beg.

Cost from the preceding deptP -P 1,130

Materials 8001,800

Labor1,2003,200

Overhead1,0002,000

TotalP3,000P8,130

Cost added:

Cost from the preceding deptP -P ?

Materials2,8005,580

Labor4,2005,000

Overhead3,3202,100

Question:

  1. Compute the cost of goods transferred to Finishing Dept.

Answer & Explanation Solved by verified expert
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