In the cost reconciliation report under the weighted-average method, the "Costs to be accounted for" section contains which of the following items?   Question 27 options:   Cost of ending work in process inventory   Cost of units transferred out   Cost of ending finished goods inventory   Cost of beginning work in process inventory

Which three items must ALWAYS be the same number on a production cost report? Group of answer choices   Total column of the “Total costs, month of” row; Total column of the “Total Costs” row                  in the “Costs” section; and Total column of the “Total Costs” row in the “Cost                  Reconciliation” section.   Total units in production,  Total units under the “physical units” column, and Total units                    under the “materials – equivalent units” column.   Unit costs for materials, labor, and manufacturing overhead.   Ending WIP inventory amounts for materials, conversion costs, and total costs.

Process costing divides units into three groups Units from ___________ that are completed during the period. -Transferred in -Work in process -Ending inventory -Beginning Inventory Units that are _______ during the period. -not started -Started and completed -Incomplete Units that are ________ at the end of the period.  -Incomplete -Not started -started and complete 

Equivalent Units of Production and Related Costs The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work in Process-Assembly Department Bal., 6,000 units, 25% completed Direct materials, 141,000 units @ $2.1 Direct labor 15,300 To Finished Goods, 138,000 units 296,100 194,700 75,765 ? Factory overhead Bal. 2 units, 65% completed Determine the following: a. The number of units in work in process inventory at the end of the period. units b. Equivalent units of production for direct materials and conversion. If an amount box does not require an entry, leave it blank. Work in Process-Assembly Department Equivalent Units of Production for Direct Materials and Conversion Costs Fquivalent