DATA INPUT

Savannah Textiles Company

Equivalent units of direct material (weighted-average) 60,000
Equivalent units of conversion (weighted-average) 52,000
Units completed and transferred out during September 50,000

Work in process, September 1

Direct material $ 94,000
Conversion 44,400
Costs incurred during September
Direct material $ 164,000
Conversion 272,800

Units in process on September 1 20,000

Complete as to conversion 8,000

SOLUTION

Weighted-Average Method Direct Material Conversion Total

Work in process, September 1 $ 94,000 $ 44,400 $ 138,400
Costs incurred during September 164,000 272,800 436,800
Total costs to account for $ 258,000 $ 317,200 $ 575,200
Equivalent units 60,000 52,000
Costs per equivalent unit $4.30 $6.10 $10.40

Direct Material Conversion

Total equivalent units (weighted average) 60,000 52,000
Units completed and transferred out 50,000 50,000
Equivalent units in ending work in process 10,000 2,000

1. Cost of goods completed and transferred out during September:

$ 520,000

2. Cost remaining in September 31 work in process:

Direct material $ 43,000
Conversion 12,200
Total 55,200
Total costs accounted for $ 575,200