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Tiny Villages Inc Required:
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Question 149

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Tiny Villages Inc.uses the weighted-average method in its process costing system.The following data concern the operations of the company's first processing department - Extruding - for a recent month.
 Work-ir-process, beginning:  Units in process 300 Percent complete with respect to materials 80% Percent complete with respect to corwersion 70% Costs in the beginning inventory:  Materials cost $1,368 Conversion cost $8,064 Units started into production during the month 11,000 Units completed and transterred out 11,000 Costs added to production during the month:  Materials cost $64,948 Conversion cost $412,179 Work-ir-process, ending: 300 Units in process 80% Percent complete with respect to materials 10% Percent complete with respect to conversion \begin{array}{l}\begin{array} { | l | r | } \hline \text { Work-ir-process, beginning: }\\\hline \text { Units in process } & 300 \\\hline \text { Percent complete with respect to materials } & 80 \% \\\hline \text { Percent complete with respect to corwersion } & 70 \% \\\hline \text { Costs in the beginning inventory: } & \\\hline \text { Materials cost } & \$ 1,368 \\\hline \text { Conversion cost } & \$ 8,064 \\\hline \text { Units started into production during the month } & 11,000 \\\hline \text { Units completed and transterred out } & 11,000 \\\hline \text { Costs added to production during the month: } & \\\hline \text { Materials cost } & \$ 64,948 \\\hline \text { Conversion cost } & \$ 412,179 \\\hline \text { Work-ir-process, ending: } & 300 \\\hline \text { Units in process } & 80 \% \\\hline \text { Percent complete with respect to materials } & 10 \% \\\hline \text { Percent complete with respect to conversion } & \\\hline\end{array}\end{array}
Required:
a.Determine the equivalent units of production.b.Determine the costs per equivalent unit.c.Determine the cost of ending work-in-process inventory.d.Determine the cost of the units transferred to the next department.

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Weighted-average method:
\[\begin{arra ...

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