Maximilian CD Producers Use the Weighted Average Method of Process

question 32

Essay

Maximilian CD producers use the weighted average method of process costing.The following information was available for the current year:
$\begin{array}{lcc}& \text {Number } & \text {Production } \\&\underline{ \text {of units } } &\underline{\text { costs }}\\ \text { Beginning work-in-process ( \( 30 \% \) complete) } &4000&\$7000\\ \text {Goods completed in the period } &65000&142000\\ \text { Ending work-in-process ( \( 40 \% \) complete) } &7000\\\end{array}$


Required:
A. How many total equivalent units were completed during the year?
B. What was the cost per equivalent urit?
C. What is the cost allocated to the ending work-in-process units?
D. What is cost of goods manufactured for the year?

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Definitions:

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Zoning Ordinances

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