Bhimani, Horngren,
Datar and Rajan,
Management and Cost Accounting, 5
th
Edition, Instructor’s Manual
© Pearson Education Limited 2012
4.24 Transferred-in costs, weighted-average. (30 min)
1 Solution Exhibit A calculates the equivalent units of work done in April 2010 in the Finishing Department
for transferred-in costs, direct materials and conversion costs. Solution Exhibit B calculates the cost per equivalent unit of opening work in progress and of work done in April 2010 in the Finishing Department for transferred-in costs, direct materials and conversion costs. Solution Exhibit C summarises total Finishing
Department costs for April 2010, and assigns these costs to units completed and transferred out and to units in closing work in progress using the weighted-average method.
Share with your friends: 
