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31 January, 06:14

Department A had no Work-in-Process at the beginning of the period, 1,400 units were completed during the period, 400 units were 50% completed at the end of the period, and the following manufacturing costs were debited to the departmental Work-in-Process account during the period

Direct materials (1,800 at $14.00 $25,200 Direct labor 12,480 Factory overhead 8,320 Assuming that all direct materials are added at the beginning of production and Department A uses weighted-average process costing, what is the total cost of the departmental Work-in-Process Inventory at the end of the period?

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  1. 31 January, 09:43
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    The total cost of the departmental Work-in-Process Inventory at the end of the period = $ 8200

    Explanation:

    Units % of EUP

    Completion D. Materials Conversion

    Costs

    No Of Units

    Completed 1400 100 1400 1400

    Units In Process 400 50% 400 200

    Total 1800 1800 1600

    Ending Inventory Valuation

    Working:

    Direct Materials = $ (25,200 / 1800) * 400 = $5600

    Conversion Costs = ($ 20800/1600) * 200 = $2600

    Total Ending Inventory Costs = $5600+$2600 = $ 8200

    Direct materials (1,800 at $14.00) $25,200

    Direct labor 12,480

    Factory overhead 8,320

    Total Manufacturing Costs $ 46000
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