Mccabe Corporation uses the weighted-average method in its process costing. The
ID: 2594319 • 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.
Material Conversion
Equivalent units of production
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 %Explanation / Answer
Particulars
Materials
Conversion
Units completed during September and transferred to the next department
8400
8400
Add: Work in process, September 30
2100
(2800*75%)
700
(2800*25%)
Equivalent units of Production
10500
9100
Particulars
Materials
Conversion
Units completed during September and transferred to the next department
8400
8400
Add: Work in process, September 30
2100
(2800*75%)
700
(2800*25%)
Equivalent units of Production
10500
9100