Adams Inc. manufactures a product that passes through two processes: assembly and finishing. All manufacturing costs are added uniformly for both processes.
Information for the assembly department for the month of November follows. During November, 20,000 units were completed and transferred to the finishing department. The following costs were incurred by the assembly department during November. At the end of November 30, 2,000 units that were 60% complete remained in assembly.
Prepare the cost of production report for assembly for November using the weighted average method.

Question

Adams Inc. manufactures a product that passes through two processes: assembly and finishing. All manufacturing costs are added uniformly for both processes.
Information for the assembly department for the month of November follows.  During November, 20,000 units were completed and transferred to the finishing department. The following costs were incurred by the assembly department during November.  At the end of November 30, 2,000 units that were 60% complete remained in assembly.
Prepare the cost of production report for assembly for November using the weighted average method.

Quizplus · Accepted Answer

The Answer of Adams Inc. manufactures a product that passes through two processes: assembly and finishing. All manufacturing costs are added uniformly for both processes.
Information for the assembly department for the month of November follows.  During November, 20,000 units were completed and transferred to the finishing department. The following costs were incurred by the assembly department during November.  At the end of November 30, 2,000 units that were 60% complete remained in assembly.
Prepare the cost of production report for assembly for November using the weighted average method.

Adams Inc Manufactures a Product That Passes Through Two Processes: Assembly