university of southern california Operations And Supply Chain Management Assignment Help - weighted avg

Question - Harmon Company uses the weighted-average method in its process costing system. The Curing
Department of Harmon Company reported the following information for the month of November.
Units
% Complete with
Respect to
Conversion
Work in process, November 1 10,000 80%
Units started 28,000
Completed and transferred out 30,000
Work in process, November 30 8,000 30%
Costs for November: Materials Conversion
Work in process, November 1 $34,500 $48,600
Added during the month $146,000 $194,400


All materials are added at the beginning of the process.

Compute the following items using the weighted-average method:

a. The equivalent units of production for materials. (4 points)

b. The cost per equivalent unit for conversion. (4 ...Read More points)

c. The total cost assigned to units transferred out of the Curing Department during November. (4
points)

d. The cost assigned to work in process inventory as of November 30. (4 points) ...Read Less

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