Finishing Department Costs:Work in process inventory, April1, 450 units; materials
100% completed; conversion 60% complete$8,208*Costs transferred in during the month from the preceding department, 1,950 units17,940Materials cost added during the month6,210
Conversion costs incurred during the month13,920Total department costs$46,278Finishing Departments assigned to:
Units completed and transferred to ffinished goods,1,800 units at $25.71 per unit$46,278Work in Process Inventory, April 30, 600 units;materials 0% complete; conversion 35% complete0Total department costs assigned $46,278* Consists of costs transferred in, $4,068; materials cost, $1,980; and conversion cost, $2,160Provost Industries manufactures a ceramic product that goes through two processing departments—Molding and Finishing. The company uses the weighted-average method in its process costing. Prepare a report for the Finishing Department showing how much cost should have been assigned to the units completed and transferred to finished goods, and how much cost should have been assigned to ending work in process inventory in the Finishing Department.