Barker inc. uses the weighted-average method

Assignment Help Managerial Accounting

Reference no: EM13729846

Barker Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company''s first processing department for a recent month.

Costs in the beginning inventory:
Materials cost $3,600
Conversion cost $4,500
Units started into production during the month 15,200
Units completed and transferred out 15,600
Costs added to production during the month:
Materials cost $ 96,470
Conversion cost $476,362
Work in process, ending:
Units in process ?
Stage of completion with respect to materials 50%
Stage of completion with respect to conversion 90%

Required: Using the weighted-average method

a. Determine the equivalent units of production for materials and conversion costs. __________

b. Determine the cost per equivalent unit for materials and conversion costs. ______________

c. Determine the cost of units transferred out of the department during the month. ____________

d. Determine the cost of ending work in process inventory in the department. _____________

Reference no: EM13729846

Questions Cloud

Define the work breakdown structure : Develop an in-depth schedule for your initial project based on the Work Breakdown Structure you have completed in Unit III. Please refer to the "INTEGRATED PROJECT: Developing the Project Schedule" Be sure to include: An activity precedence diagra..

Effective at reforming juveniles : Is the juvenile justice system effective at reforming juveniles? How many juveniles that go though the juvenile justice system reformed?

Sustainable competitive advantage is the holy grail : Using all you have learned to date about Harley-Davidson, analyze whether or not Harley-Davidson has a source of sustainable competitive advantage. Defend your answer using examples from your readings, the annual report, and other sources.

Understanding of virtual team management : The project will test your understanding of virtual team management using documents and events that will make the project team more productive.

Barker inc. uses the weighted-average method : Barker Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company''s first processing department for a recent month. Work in process, beginning: Units in process 1000 Stage of compl..

Prioritize the most significant components of social media : From the scenario, prioritize the most significant components of a social media campaign according to the level of influence each could have on the new product launch

Explain your primary reason for painting a self-portrait : Explain "your" primary reason for painting a self-portrait. Describe "your" artistic choices in composition: use of color, space, etc. Explain what the portrait represents about "you" (as the artist.)

Slide presentation to employees regarding the ethical points : Create a 10 slide presentation to employees regarding the ethical points you want the employees to adhere to

Organization and management of a health care facility : Your duties at 21st Century Solutions Health Care Hospital require you to interface with many different professionals, including physicians, nurses, and allied professionals in various areas of health care. The facility also has a new information tec..

User Account

All Pages