Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September. Percent Complete UnitsMaterialsConversionWork in process, September 180055%10%Units started into production during September8,200 Units completed during September and transferred tothe next department7,300 Work in process, September 301,70075%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.
What will be an ideal response?
Weighted-average method
Materials | Conversion | |
Units transferred to the next department | 7,300 | 7,300 |
Ending work in process: | ||
Materials: 1,700 units × 75% | 1,275 | |
Conversion: 1,700 units × 25% | 425 | |
Equivalent units of production | 8,575 | 7,725 |
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