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. The Laramie Co produces Expensive boots. It has...

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. The Laramie Co produces Expensive boots. It has two departments that process all the items. During January, the beginning work in process in the tanning department was 40% complete as to conversion and 100% complete as to direct materials. The beginning inventory included $6,000 for materials and $18,000 for conversion costs. Ending work-in-process inventory in the tanning department was 40% complete. Direct materials are added at the beginning of the process. Beginning work in process in the finishing department was 60% complete as to conversion. Beginning inventories included $7,000 for transferred-in costs and $10,000 for conversion costs. Ending inventory was 30% complete. Additional information about the two departments follows: Tanning Finishing Beginning work-in-process units 5,000 4,000 Units started this period 14,000 ? Units transferred this period 16,000 18,000 Ending work-in-process units ? 2,000 Material costs added $18,000 ? Conversion costs 32,000 $19,000 Transferred-out cost 50,000 ? Required: Prepare a production cost worksheet using weighted-average costing for the finishing department.,hello, I am attaching this pdf file just in case you cannot read the text I sent.,Hello Sir, Have you had a chance to find a solution for my question? I live in Germany, so our time here is 6 hours ahead of your, so please excuse me. I have to turn this in this evening, so I am hoping to hear from you soon. Thank you! Minako

 

Paper#3072 | Written in 18-Jul-2015

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