Pacific Chemical Company produces one product,processed in two departments,A and A.Then the work-in-process inventory in Department A is transferred to Department B to be continuously processed.The work-in-process in each department in March 31 is 50% complete.The normal spoilage occurred at the end of processing.The following quantitative and cost data have been made available:

Required: Calculate the cost of units transferred out and the cost of ending work-in-process inventory of two departments based on the weighted-average method.Round unit costs to five decimal places.Round costs assigned to the nearest whole dollars.A minor difference in cost reconciliation,due to rounding,is acceptable.
B.All materials are added at the beginning of the process in Department

Question

Pacific Chemical Company produces one product,processed in two departments,A and A.Then the work-in-process inventory in Department A is transferred to Department B to be continuously processed.The work-in-process in each department in March 31 is 50% complete.The normal spoilage occurred at the end of processing.The following quantitative and cost data have been made available:
  
Required: Calculate the cost of units transferred out and the cost of ending work-in-process inventory of two departments based on the weighted-average method.Round unit costs to five decimal places.Round costs assigned to the nearest whole dollars.A minor difference in cost reconciliation,due to rounding,is acceptable.
  B.All materials are added at the beginning of the process in Department

Quizplus · Accepted Answer

The Answer of Pacific Chemical Company produces one product,processed in two departments,A and A.Then the work-in-process inventory in Department A is transferred to Department B to be continuously processed.The work-in-process in each department in March 31 is 50% complete.The normal spoilage occurred at the end of processing.The following quantitative and cost data have been made available:
  
Required: Calculate the cost of units transferred out and the cost of ending work-in-process inventory of two departments based on the weighted-average method.Round unit costs to five decimal places.Round costs assigned to the nearest whole dollars.A minor difference in cost reconciliation,due to rounding,is acceptable.
  B.All materials are added at the beginning of the process in Department

Pacific Chemical Company Produces One Product,processed in Two Departments,A and A.Then