Problem 4-16 Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4,

Question

Problem 4-16 Comprehensive Problem-Weighted-Average Method [LO4-2, LO4-3, LO4-4, LO4-5]

Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:

Materials:

Conversion:

Compute the costs per equivalent unit for the month. (Round your answers to 2 decimal places.)

Materials:

Conversion:

Determine the cost of ending work in process inventory and of the units transferred out to the next department.

Cost of ending work in process inventory:

Cost of units completed and transferred out:

Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:

Explanation / Answer

Solution:

Transferred In Transferred Out Beginning 10,000 Transferred Out 95,000 Started 100,000 Ending 15,000 Total 110,000 Total 110,000

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