Question

23 TB Problem Qu. 5-124 Mccabe Corporation uses the weighted-average... Mccabe Corporation uses the weighted-average method...

23 TB Problem Qu. 5-124 Mccabe Corporation uses the weighted-average...

Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department for September.

Percent Complete
Units Materials Conversion
Work in process, September 1 1,700 55 % 10 %
Units started into production during September 9,100
Units completed during September and transferred to
the next department
8,200
Work in process, September 30 2,600 75 % 25 %

Required:

Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using the weighted-average method.

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Answer #1
  • Requirement

Material

Conversion

Equivalent units of production

10,150

8,850

  • Workings

EUP - Weighted Average Method

Units

% Material

EUP Materials

% Conversion

EUP - Conversion

Units TRANSFERRED

8,200

100%

8,200

100%

8,200

Units of ENDING WIP

2,600

75%

1,950

25%

650

Equivalent Units of Production

10,150

8,850

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