Four Seasons Company Makes Snow Blowers Required:
A

question 334

Essay

Four Seasons Company makes snow blowers.Materials are added at the beginning of the process and conversion costs are uniformly incurred.At the beginning of September,work-in-process is 40% complete and at the end of the month it is 60% complete.Other data for the month include:
$$\begin{array} { | l | r | } \hline \text {Beginning work-in-process inventory } & \text { 1600 units } \\\hline \text { Units started } & \text { 2000 units } \\\hline \text { Units placed in finished goods } & 3200 \text { units } \\\hline\\\hline \text { Conversion costs } & \$ 200000 \\\hline \text { Cost of direct materials } & \$ 260 \text { 000 } \\\hline \text { Beginning work-in-process costs: } & \\\hline \text { Materials } & \$ 154000 \\\hline \text { Conversion } & \$ B 2080 \\\hline\end{array}$$
Required:
a.Prepare a production cost worksheet with supporting schedules using the weighted-average method of process costing.
b.Prepare journal entries to record transferring of materials to processing and from processing to finished goods.
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Definitions:

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