Raleigh Textiles Company manufactures a variety of natural fabrics for the clothing industry. The…

We're the ideal place for homework help. If you are looking for affordable, custom-written, high-quality and non-plagiarized papers, your student life just became easier with us. Click either of the buttons below to place your order.


Order a Similar Paper Order a Different Paper

Raleigh Textiles Company manufactures a variety of natural fabrics for the clothing industry. The following data pertain to the Weaving Department for the month of November. ,Equivalent units of direct material (weighted-average method)……………….. 62,500,Equivalent units of conversion (weighted-average method)……………………. 49,000,Units completed and transferred out during November…………………………. 47,000, The cost data for November are as follows: , Work in process, November 1,Direct material…………………………………………………………………………………$ 85,750,Conversion…………………………………………………………………………………….. 16,900, Costs incurred during November,Direct material…………………………………………………………………………….$158,000,Conversion…………………………………………………………………………………….. 267,300,There were 19,000 units in process in the Weaving Department on November 1 (100% complete as to direct material, and 38% complete as to conversion). ,Required: ,Compute each of the following amounts using weighted-average process costing. ,1. Cost of goods completed and transferred out of the Weaving Department. ,2. Cost of the November 30 work-in-process inventory in the Weaving Department. ,3. Construct an Excel spreadsheet to solve all of the preceding requirements. Show how the solution will change if the following data change: the costs incurred in November were $160,000 for direct material and $270,000 for conversion.

Writerbay.net

Do you need academic writing help? Our quality writers are here 24/7, every day of the year, ready to support you! Instantly chat with a customer support representative in the chat on the bottom right corner, send us a WhatsApp message or click either of the buttons below to submit your paper instructions to the writing team.


Order a Similar Paper Order a Different Paper
Writerbay.net