Mccabe Corporation uses the weighted-average method in its process costing. The

Question

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 Units started into production during September Units completed during September and transferred to 55% 1,100 8,500 10% the next department Work in process, September 30 7,600 2,000 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 Materials Conversion Equivalent units of production

Explanation / Answer

Weighted-average method:

Materials Conversion Units transferred to the next department 7,600 7,600 Work in process, September 30: 2,000 units × 75% 1,500 2,000 units × 25%    500 Equivalent units of production 9,100 8,100

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