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

ID: 2592318 • Letter: M

Question

Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September.

Required:

Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.

Percent Complete Units Materials Conversion Work in process, September 1 Units started into production during September Units completed during September and transferred to 1,988 55% 9,3ee 10 % the next department Work in process, September 30 8,40e 2,800 75 % 25%

Explanation / Answer

Equivalent units: Materials 10500 =8400+(2800*75%) Conversion 9100 =8400+(2800*25%)