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jerico jerico
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9 years ago
Maxire Shoes manufactures shoes. All direct materials are included at the inception of the production process. For March, there were 2,800 units in beginning inventory with a direct material cost of $1,400. Direct materials totaled $35,000 for the month. Work-in-process records revealed that 70,000 units were started in March and that 60,000 were finished. Normal spoilage of 2% of units finished was incurred. Ending work-in-process units are complete in respect to direct materials costs. Spoilage is not detected until the process is complete. Endicott uses the weighted-average method.

Required:
a.   What are the direct materials costs assigned to completed good units?

b.   What are the direct material amounts allocated to the work-in-process ending inventory?
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
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#3
9 years ago
Grinning Face
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