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university of southern california Operations And Supply Chain Management Assignment Help - weighted avg


Question - Harmon Company uses the weighted-average method in its process costing system. The Curing
Department of Harmon Company reported the following information for the month of November.
Units
% Complete with
Respect to
Conversion
Work in process, November 1 10,000 80%
Units started 28,000
Completed and transferred out 30,000
Work in process, November 30 8,000 30%
Costs for November: Materials Conversion
Work in process, November 1 $34,500 $48,600
Added during the month $146,000 $194,400


All materials are added at the beginning of the process.

Compute the following items using the weighted-average method:

a. The equivalent units of production for materials. (4 points)

b. The cost per equivalent unit for conversion. (4 ...Read More

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