Wilson Sports uses a process costing system.Direct material A is placed into production at the beginning of the process,while direct material B is placed into production at the end of the process.Inspection occurs at the end of the process,before the addition of direct material B.Normal spoilage is 5% of good units.For March the company had the following activities:

Required:
Prepare a production cost worksheet assuming that spoilage is recognized and the weighted-average method is used.

Question

Wilson Sports uses a process costing system.Direct material A is placed into production at the beginning of the process,while direct material B is placed into production at the end of the process.Inspection occurs at the end of the process,before the addition of direct material B.Normal spoilage is 5% of good units.For March the company had the following activities:
  
Required:
Prepare a production cost worksheet assuming that spoilage is recognized and the weighted-average method is used.

Quizplus · Accepted Answer

The Answer of Wilson Sports uses a process costing system.Direct material A is placed into production at the beginning of the process,while direct material B is placed into production at the end of the process.Inspection occurs at the end of the process,before the addition of direct material B.Normal spoilage is 5% of good units.For March the company had the following activities:
  
Required:
Prepare a production cost worksheet assuming that spoilage is recognized and the weighted-average method is used.

Wilson Sports Uses a Process Costing System