Heather company uses the weighted-average method in its, Ask an Expert

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Heather Company uses the weighted-average method in its process-costing system. Operating data for the first processing department for September appear below for the physical flow of units, and for direct materials(DM) and conversion costs(CC)

	Units	% of completion: DM	% of completion: CC
Begining WIP inventory	900	60%	50%
Started into production during September	11760
Ending WIP inventory	2100	90%	70%

	DM	CC
Begining WIP inventory	$ 7,425	$13,409
Cost added during September	$48,600	$82,831

Q1 Compute the equivalent units of production for the processing department

Direct Material : xxx units

Conversion : xxx units

Q2 Determine the cost of the units transferred out to the next department.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9957532

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