Production Report, Weighted Average Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer...

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Production Report, Weighted Average Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer u Units completed Units in ending WIP Total units accounted for: Equivalent units: Units completed Units in ending WIP Total eq

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Answer 1

Answer #1

Cutting department production report

For the month of October (weighted average method)

Unit information
Physical flow
Units in beginning WIP			4800
Unit started			37440
Total Units to account for			42240
Equivalent units
Unit completed			32640
Units in ending WIP			9600
Total units accounted for			42240
Equivalent units
Units completed			32640
Units in ending WIP			5760
Total equivalent unit			38400
Cost information
Cost to account for
Beginning WIP			38400
Incurred during October			729600
Total cost to account for			768000
Cost per equivalent unit			20
Cost accounted for
	Transferred out	Ending work in process	Total
Goods transferred out	652800		652800
Goods in ending WIP		115200	115200
Total costs accounted for	65800	115200	768000

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Answer 2

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Production Report, Weighted Average Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer...

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