David Corporation uses the weighted average method in its process costing system. The first processing department,...

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David Corporation uses the weighted average method in its process costing system. The first processing department, the Weldin

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Part 1 and 2	Quantities			Equivalent Units
			Whole Units	Conversion Cost
	Units to be account for
	Work in Process, Beginning		19,000
	add:Started into production		97,000
	-Total Units		116,000

	Units accounted for
	Transferred out		97,000	97,000
	Work in Process, Ending		19,000	3,800	100%	20%
	Equivalent Units-Weighted Average		116,000	100,800

Part 3	Cost
				Convsersion Cost
	Work in Process, Beginning			$ 139,200
	add:Started into production			$ 437,250
	Total Cost to account for			$ 576,450
	Equivalent Units			100,800
	Unit Cost	Total Cost/Equivalent Units		5.719

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