The Assembly Department of GigaGo, Inc., manufacturer of computers, had 2 comma 000 units of beginning inventory in September, and 6 comma 000 units were transferred to it by the Production Department. The Assembly Department completed 3 comma 000 units during the month and transferred them to the Packaging Department. Calculate the total number of units accounted for by the Assembly Department if it had 5 comma 000 units in ending inventory. The weightedminusaverage method is used.

Question

Business

Shannon Ryan

24 October, 16:57

The Assembly Department of GigaGo, Inc., manufacturer of computers, had 2 comma 000 units of beginning inventory in September, and 6 comma 000 units were transferred to it by the Production Department. The Assembly Department completed 3 comma 000 units during the month and transferred them to the Packaging Department. Calculate the total number of units accounted for by the Assembly Department if it had 5 comma 000 units in ending inventory. The weightedminusaverage method is used.

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Answers (1)

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Landen Hutchinson · Answer 1

8,000 units need to be accounted for

Explanation:

The Weighted Average method Calculates the cost per unit by Adding the costs in Opening Work in Process and the Costs added in process department during the period. This cost is then divided by the the Sum of units in closing Work in Process and units of Completed goods.

The Units that needs to be Accounted for is the Sum of the units in Opening Work In Process and the units Transferred into the Assembly Department.