weighted average method ashworth handcraft is a manufacturer of 269273

Weighted average method. Ashworth Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem focuses on the assembly department. The process costing system at Ashworth has a single direct cost category (direct materials) and a single indirect cost category (conversion costs).

Direct materials are added when the assembly department process is 10% complete. Conversion costs are added evenly during the assembly department’s process.

Ashworth uses the weighted average method of process costing. Consider the following data for the assembly department in April 2012:

?

Required

Summarize total assembly department costs for April 2012, and assign total costs to units completed (and transferred out) and to units in ending work inprocess.