Business, 18.03.2021 01:20 jmarie87

Materials are added at the beginning of a production process, and ending work in process inventory is 30% complete with respect to conversion costs. Use the information provided to complete a production cost report using the weighted-average method. Costs to Account For
Beginning inventory: materials $9,000
Beginning inventory: conversion 18,000
Direct material 39,000
Direct labor 75,000
Applied overhead 36,355
Total costs to account for $177,355
Units to Account For
Beginning work in process 6,000
Units started into production 18,000
Transferred out 19,000

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Materials are added at the beginning of a production process, and ending work in process inventory i...