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Superior Micro Products uses the weighted-average method in its process costing system.
During January, the Delta Assembly Department completed its processing of 25,600 units and
transferred them to the next department. The cost of beginning work in process inventory and the
costs added during January amounted to $697,520 in total. The ending work in process inventory
in January consisted of 4,000 units, which were 40% complete with respect to materiais and 20%
complete with respect to labor and overhead. The costs per equivalent unit for the month were as
follows: Required: 1. Compute the equivalent units of materials, labor, and overhead in the
ending work in process inventory for the month. 2. Compute the cost of ending work in process
inventory for materials, labor, overhead, and in total for January. 3. Compute the cost of the units
transferred to the next department for materials, labor, overhead, and in total for January. 4.
Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be
accounted for into the cost of beginning work in process inventory and costs added during the
month.) Complete this question by entering your answers in the tabs below. Compute the
equivalent units of materials, labor, and overhead in the ending work in process inventory for the
month.
Complete this question by entering your answers in the tabs below. Compute the cost of ending
work in process inventory for materials, labor, overhead, and in total for January.
Complete this question by entering your answers in the tabs below. Compute the cost of the units
transferred to the next department for materials, labor, overhead, and in
Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work
in process invent 2. Compute the cost of ending work in process inventory for materials, labor,
overhead, and in total for 3. Compute the cost of the units transferred to the next department for
materials, labor, overhead, and 4. Prepare a cost reconciliation for January. (Note: You will not
be able to break the cost to be accounte beginning work in process inventory and costs added
during the month.) Complete this question by entering your answers in the tabs below. Prepare a
cost reconciliation for January.

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Superior Micro Products uses the weighted-average method in its proce.pdf

  • 1. Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Department completed its processing of 25,600 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $697,520 in total. The ending work in process inventory in January consisted of 4,000 units, which were 40% complete with respect to materiais and 20% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January. 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounted for into the cost of beginning work in process inventory and costs added during the month.) Complete this question by entering your answers in the tabs below. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. Complete this question by entering your answers in the tabs below. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for January. Complete this question by entering your answers in the tabs below. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process invent 2. Compute the cost of ending work in process inventory for materials, labor, overhead, and in total for 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to be accounte beginning work in process inventory and costs added during the month.) Complete this question by entering your answers in the tabs below. Prepare a cost reconciliation for January.