QuestionAl-Quds Company, a manufacturer of wool cloth, uses the weighted-average method for its process costing system. Each unit passes through the assembly department and the testing department. This problem focuses on the assembly department. The information for March is as follows:
Beginning work in process was half converted as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. Ending work in process was $60 \%$ complete.
Required:
1. What is the total cost to account for?
Tockefor Bey wip Dm + Beg curp CC + Dm added + CCC (DL + MOH) $$\begin{array}{l} =6,000+2600+30,000+(12,000+5000) \\ =55,600 \end{array}$$
2. What are the equivalent units for direct materials? $$\begin{array}{l} \begin{array}{ll} \text { Dm } \\ \text { Comptetel } \\ 25,000 \end{array} \quad \begin{array}{c} \text { Bey }+ \text { started }=\text { complete tend } \\ 10,000+20,000=25,000+\text { end } \end{array} \\ \text { end } 5,000 \text { end }=5000 \text { units. } \end{array}$$
3. What is the equivalent unit for conversion costs? $$\begin{array}{ll} \text { complete } & 25,000 \\ \text { end } & 3000(0,60 \times 5000) \end{array} \quad \text { e.U CC }=28,000$$
4. Journalize the required entry to record the direct materials purchased and used in production during March.