22. Weighted-Average Method; Two Departments Allgood, Inc., an automotive exhaust system manu- facturer, has two departments in muffler production, the fabrication and the assembly departments.

All materials for the fabrication department were added at the beginning of the process. Data recorded for January follow:

Fabrication department

Units

Percent Completed

Direct

Materials Conversion

Work-in-process inventory, January 1 6,000 20% $ 15,000 $ 20,000 Transferred to assembly

department in January 50,000

Work-in-process inventory, January 31 4,000 40% Assembly department

Work-in-process inventory, January 1 10,000 40 $200,000 (transferred-in cost: $92,000)

Completed and

transferred out in January	55,000	Â	Â
Work-in-process inventory, January 31	5,000	40
Costs incurred in January	Â	Â
Fabrication department	Â	Â	$117,500	$310,850
Assembly department	Â	Â	Â	$723,400

Required Calculate the following using the weighted-average method:

1. Equivalent units of direct materials and conversion in the fabrication department.

2. Unit costs of direct materials and conversion in the fabrication department.

3. Cost of goods transferred to the assembly department from the fabrication department in the month of January.

4. Cost of the work-in-process ending inventory in the fabrication department.

5. Equivalent units of transferred-in and conversion in the assembly department.

6. Unit costs of transferred-in and conversion in the assembly department.

7. Cost of goods transferred to finished goods from the assembly department in January.

8. Cost of the work-in-process ending inventory in the assembly department.