The following information relates to the Assembly Department of Jataca Corporation for the month of November.Jataca uses a weighted-average process costing system.All materials at Jataca are added at the beginning of the production process. On November 1,the work in process inventory account contained $6,400 of material cost and $4,400 of conversion cost.Cost per equivalent unit for November was $1.50 for materials and $2.80 for conversion costs. What total amount of cost should be assigned to the units in work in process on November 30?

Question

The following information relates to the Assembly Department of Jataca Corporation for the month of November.Jataca uses a weighted-average process costing system.All materials at Jataca are added at the beginning of the production process.  On November 1,the work in process inventory account contained $6,400 of material cost and $4,400 of conversion cost.Cost per equivalent unit for November was $1.50 for materials and $2.80 for conversion costs. What total amount of cost should be assigned to the units in work in process on November 30?

Quizplus · Accepted Answer

Weighted-average method equivalent units of production
 11eaa3fe_3333_6c44_908b_cf2467c6f38e_TB2461_00 Weighted-average method:
 11eaa3fe_3333_9355_908b_69e833a4913b_TB2461_00

The Following Information Relates to the Assembly Department of Jataca