Question

Ched The Plastic Flowerpots Company has two manufacturing departments, molding and packaging. At the beginning of the month, the molding department has 2,400 units in inventory, 70% complete as to materials. During the month, the molding department started 20,000 units. At the end of the month, the molding department had 3,600 units in ending inventory. 80% complete as to materials. Units completed in the molding department are transferred into the packaging department Cost information for the molding department for the month follows: Beginning work in process inventory (direct materials) Direct materials added during the month $ 1,600 31,900 Using the weighted average method, assign direct materials costs to the molding department's output-specifically, the units Transferred out to the packaging department and the units that remain in process in the molding department at month-end. (Do not round Intermediate calculations.)

Answer 1

Weighted-Average Method
	Direct Materials
Cost of units transferred out
Direct materials (18800 x $33500/21680)	29050
Costs of ending working process
Direct materials (2880 x $33500/21680)	4450
Total costs assigned	33500

		Direct Materials
(a)	Equivalent units of production	21680
(b)	Cost per equivalent unit of production	$                     1.55

Working:

	Whole units	Equivalent units
Beginning work in process	2400
Started during the month	20000
Total units	22400
Completed and transferred out	18800	18800
Ending work in process (80% x 3600)	3600	2880
Total units	22400	21680

Cost of beginning work in process	1600
Cost incurred during the month	31900
Total costs $	33500
÷ Equivalent units of production	21680
Cost per equivalent unit $	1.55