Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:
Beginning work in process was half converted as to labour and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete.
Required:
Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules.

Question

Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:
  Beginning work in process was half converted as to labour and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete.
Required:
Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules.

Quizplus · Accepted Answer

The Answer of Jordana Woolens is a manufacturer of wool cloth. The information for March is as follows:
  Beginning work in process was half converted as to labour and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was 60% complete.
Required:
Prepare a production cost worksheet using the weighted-average method. Include any necessary supporting schedules.

Jordana Woolens Is a Manufacturer of Wool Cloth