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Dahasolnce [82]
2 years ago
9

alamosa Co. manufactures a single product that goes through two processes — mixing and cooking. The following data pertains to t

he Mixing Department for September. Work-in-process Inventory Sept. 1 29,000 units Conversion complete 70 % Work-in-process inventory Sept. 30 15,000 units Conversion complete 50 % Units started into production in Sept. 69,000 Units completed and transferred out

Business
1 answer:
castortr0y [4]2 years ago
5 0

Answer:

$890,187

Explanation:

the number of equivalent units completed = units started + beginning work in process = 69,000 units + 29,000 = 98,000 units

the number of units completed and transferred out = 29,000 + 69,000 - 15,000 = 83,000

ending WIP equivalent units:

  • materials cost 100% = 15,000
  • conversion costs 50% = 7,500

total materials cost per unit = $555,000 / 98,000 units = $5.663265

total conversion costs per unit = $458,100 / 90,500 units = $5.061878

total cost of manufactured goods under the weighted average method = 83,000 x ($5.6633 + $5.0619) = $890,187

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