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Rina8888 [55]
3 years ago
12

The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of proc

ess costing. at the beginning of the month, the forming department has 28,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. the beginning inventory cost of $66,100 consisted of $48,400 of direct material costs and $17,700 of conversion cost.
Business
1 answer:
BlackZzzverrR [31]3 years ago
6 0

The company uses the weighted-average method of process costing. At the beginning of the month, the forming department has 26,000 units in inventory, 70% complete as to materials and 30% complete as to conversion costs. ... Units completed in the forming department are transferred to the painting department.

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