Solution-Compute the cost of goods completed and

Compute the cost of goods completed and transferred out

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Reference no: EM132658683

Question - Whiporwill Pizza, a manufacturer of frozen pizzas, has the following data:

Work in Process, October 1 10,400 units* Direct material $5,900 Conversion 17,400 Costs incurred during October Direct material $114,000 Conversion 173,600

*direct material; 60% to conversion

The equivalent units of activity for October are: Direct material (weighted-average method) 120,000 Conversion (weighted-average method) 96,000 Completed and transferred out 90,400

Required - Compute the following amounts using weighted-average process costing.

1. Compute the cost of goods completed and transferred out during October.

2. Compute the cost of the October 31 work-in-process inventory.

Reference no: EM132658683

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Compute the cost of goods completed and transferred out

Reference no: EM132658683

Reference no: EM132658683

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