Question

17-41 WEIGHTED-AVERAGE METHOD. Hoffman Company manufactures car seats in its Boise plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. The process-costing system at Hoffman Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing.

17-41 WEIGHTED-AVERAGE METHOD. Hoffman Company manufactures car seats in its Boise plant. Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. The process-costing system at Hoffman Company has a single direct-cost category (direct materials) and a single indirect-cost category (conversion costs). Direct materials are added at the beginning of the process. Conversion costs are added evenly during the process. When the assembly department finishes work on each car seat, it is immediately transferred to testing. LO 4 Hoffman Company uses the weighted-average method of process costing. Data for the assembly department for October 2017 are as follows:
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Answer 1

As per policy, only one question is allowed to answer at a time, but solving tow 17-41 & 17-42 here for you:

17-41) 1) Assembly Department production schedule for Oct 2017:
On Weighted Average (WA) basis:
	Phy. Units	DM	Conv. Costs	Total
WIP Oct 1 (as on WA)	4000	4000	4000
Started and completed	22000	22000	22000
Transferred to testing	26000
WIP Oct 31	500	500	325
Equivalent units		26500	26325
Total costs: (as on WA)
WIP Oct 1		1248000	241650	1489650
Incurred during Oct		4635000	2575125
Total costs:		5883000	2816775
Cost per Eq. unit		222	107
Cost of Units transferred		5772000	2782000	8554000
Cost of WIP Oct 31		111000	34775	145775
2) The manager should pay attention on the percentage of work has
been completed on the work on the last hour of Oct 31. The amount
and its percentage of the overhead which is required to put in WIP
work on Oct 31. Also, the labor time required to complete the WIP
work on the last hour of Oct 31.
17-42)
Journal Entries:
Accounts title	Debit $	Credit $
WIP inventory	4635000
Raw Material		4635000
(being Raw material put to process in Oct)
WIP inventory	2575125
Conversion Costs		2575125
(being DL & Overheads put to process in Oct)
WIP Inventory-Testing	8554000
Wip Inventory		8554000
(being semi finished goods transferred to Testing Department)
T-Accounts:
Assembly Department:
WIP Inventory A/c
DEBIT	AMOUNT $	CREDIT	AMOUNT $
OB	1489650	WIP Inventory-Testing	8554000
Direct Material	4635000	CB	145775
Conversion Cost	2575125
TOTAL	8699775	TOTAL	8699775