Wetzel Manufacturing Company Has Two Departments,assembly and Finishing Required:
1)Prepare a Cost of Production Report for the Assembly

question 62

Essay

Wetzel Manufacturing Company has two departments,assembly and finishing.The following data for the Assembly Department for June Year 2 is provided:
$\begin{array}{|l|r|r|c|c|c|}\hline&&\% &\text { Direct }&\text { Direct }\\&\text { Units }&\text { Complete}&\text { Material }&\text { Labor }&\text { Overhead}&\text { Total }\\\hline \text { Beginning work in process } & 500 & 75 \% &&&&\$9.500\\\hline \text { Started during the month } & 1,500 & \\\hline \text { Completed during the month } & 1,750 & \\\hline \text { Ending work in process } & 250 & 40 \% \\\hline \text { Costs added during month } & &&\$18.276&\$7.620&\$4.564&\$30.460 \\\hline\end{array}$

Required:
1)Prepare a cost of production report for the Assembly Department.Wetzel uses the weighted-average method to determine equivalent units.
2)How much cost should be transferred to the Finishing Department?

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Definitions:

Neutrons

A type of subatomic particle with no electrical charge, found in the nucleus of an atom alongside protons.

Protons

Positively charged subatomic particles found within the nucleus of an atom and determining the atom's element.

Eukaryotes

Organisms whose cells contain a nucleus enclosed within a membrane, including animals, plants, fungi, and protists, distinguishing them from prokaryotes.

Peptidoglycan

A polymer consisting of sugars and amino acids that forms a mesh-like layer outside the plasma membrane of most bacteria, providing structural support and shape.