WLS Corporation Uses Weighted Average Process Costing

question 18

Essay

WLS Corporation uses weighted average process costing. Equivalent units of production for September 20x2 were 640 for materials and 615 for conversion. Other information for September follows:
-Beginning work in process totalled 200 units, 100% complete for direct materials and 80% complete for conversion costs
-500 units were started during the month.
-Ending work in process consisted of 100 units.
a)Calculate the number of units completed and transferred out for September 20x2.
b)Calculate the percentage of completion for ending work in process.

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Definitions:

Target Audience

A specific group of consumers identified as the intended recipient of an advertisement, product, or campaign, characterized by particular demographics, interests, or purchase behavior.

Product Placement

Inclusion of a product in nontraditional situations, such as in a scene in a movie or television program.

Public Service Advertising

Advertisements intended to promote public welfare and awareness about social, health, or environmental issues.

Marketing Communications

The process of using various communication channels and tools in combination to deliver a clear, consistent, and compelling message about an organization and its products.