117-35 Método del promodio pondorado, Ashworth Handcraft es un fabricante de marcos para cuadros que Aistribuye entre minoristas de gran tama. Cada marco pasa através de dos departamentos: el departamento de ensamblado y el departamento de acabado. Este problema se concentra en el departamento de ensamblado. Elsistema de costeo por procesos de Ashworth tiene una sola categoria de costos directos (materiales directos) ‘yuna sole categoria de costos indrectos (costos de conversién). Los materiales directos se agregan cuando el procaso del departamanto de ensamblado se encuentra 10% terminado. Los costos de conversin se agragan uniformemente durante el proceso del departamento de ensamblado. Ashworth usa el método del promedio ponderado para el costeo por procesos. Considere los siguientes datos para ol departamento de onsamblado en abril de 2012: Unidades fisicas (marcos) Materiales directos Costos de conversion Productos en proceso, 1 de abri® 5 $1,565 S988 Iniciado durante abril do 2012 490 Terminado durante abril de 2012 485 Productos en proceso, 20 abril 130 Costos totales agregadas durante abril de 2012 ‘$17,640 $11,856 “Grado de avance: materiales directos, 100%; costos de inversion, 40%, Grado de avance: materiales directos, 100%; costes de inversion, 30%, Resuma los costos totales dol departamento de ensamblado para abril de 2012, y asigne los costos totalos alas 8 (y ransferidas fuera del proceso) y @ las unidades en el inventario final de productos en 17-37 Método de Pers (continuacién del 17-35). Resuelva el problema 17-35 usando el método de Pees para el costeo por pracesas. Si usted resolvié el problema 17-36, explique cualquier diferencia entre el costo del trabajo terminado y transferido fuera del proceso, yel costo del invertario final de productos en proceso en el departamento de ensamblado, tanto con el método del prome- dio ponderado como con el método de Peps. 17-35 (25 min.) Weighted-average method. Solution Exhibit 17-35A shows equivalent units of work done to date of Direot materials 625 equivelent units Conversion costs equivalent unite Note that disect materials are sdded when the Assembly Department process is 10% complete, Both the beginning and ending work in process are more than 10% complete and Lieuse are 100% complete with respect to direct materials. Solution Exhibit 17-35B ettmmarizes the total Accembly Department costs for April 2009, calculates cost per equivalent unit of work done to date for direct materials and conversion €osts, and assigns these costs to units completed (and transferred out), and to units in ending worl in process tsing the weighted-average method, SOLUTION EXHIBIT 17-35, Steps Land 2; Summarize Output in Physical Units and Compute Output in Equivalent Units: Weighted-Average Method of Process Costing. Assembly Department of Porter Handcraft for April 2009. (Step 1) (step 2) Equivalent Units Physical Direct ‘Conversion Flow of Production Units Materials Costs Work in process. beginning (given) 73 Started during curent period (given) 550 To account for Completed and transferred out during cusrent period 500 500 500 ‘Work in process. ending” (given) Bs 125 = 100%: 125 x 20% 2s Accounted for Work done to dateSOLUTION EXHIBIT 17-35B Steps 3, 4, and 5: Summarize Total Costs to Account For, Compute Cost per Equivalent Unit, and Assign Total Costs to Units Completed and to Units in Ending Work in Process: Weighted-Average Method of Process Costing, Assembly Department of Porter. April 2009. Total Production Direct Conversion ‘Costs Materials ‘Costs, (Gtep 3) Work in process, beginning (given) S 1910 $1775 3135 Costs added in current period (piven) 28.490 _17.600 10.580 Total costs to account for S30400 $19375 SLs (Step 4) Costs sneusred to date $19,375 s1102s Divide by equivalent units of work done to date (Solution Exhibit 17-354) = 95 Cost per equivalent unit of work done to date sa (Step $) Assignment of costs: ‘Completed and transfested out (500 units) $26,000 (500° x $31) + (S00" « $21) ‘Work in process, ending (125 units) 4.800 (125 $31) + 2st «321 Total costs accounted for 330400 SIS375 + SILOS. “Equivalent wits completed and transferred out from Solution Exbubit 17-354, Step 2 "Equivalent wists sn ending work sm process fom Solution Exlubat 17-35, Step 2 17-37 20 min) FIFO method (continuation of 17-35). ‘The equivalent units of work done in April 2009 in the Assembly Department for direct materials and conversion costs are chown in Solution Exhibit 17-37A. Solution Exhibit 17-37B summarizes the total Assembly Department costs for April 2009, calculates the cost per equivalent unit of work done in April 20009 in the Ascembly Department for direct materials and conversion costs, and assigns these costs to units completed (and ‘transferred out) and to uaits in ending work in process under the FIFO method. ‘The equivalent units of work done in beginning inventory is: direct materials. 75 x 100% = 75, and conversion costs 75 x 40% = 30. The cost per equivalent unit of beginning inventory and of work done in the current period are: Work Done in ‘Current Period ‘Beginning (Calculated Under FIFO Method) ‘Disect materiale $23.67 (1,775 = 75) S ‘Conversion costs $450 ($135 = 30) $22) (olution (Solution Exhibit 17.35B) Exhibit 17-378) Difference (Cost of units completed and twansfered out $26.00 325.890 $130 Work in process, ending 4.400 4.550 +8150 Total casts aceonnted for 330.400 ‘$30'200 The FIFO ending inventory ic higher thaa the weighted-average ending inventory by $150. ‘This 4s because FIFO assumes that all the lower-cost pior-period units in work in process are the first to be completed and transfered out while ending work in process cousists of only the higher cost cusrent period waite. The weighted average method, however, amoothe> out cost per ‘equivalent unit by assuming that more of the higher-cost units are completed and transferred out. ‘while some of the lower-cost units in beginning work in process are placed in ending work in process. Hence, in this cate, the weighted-average method results in a higher cost of units ‘completed and transferred out and a lower ending Work-in-process inventory relative to the FIFO method.SOLUTION EXHIBIT 17-378 ‘Steps 1 and 2; Summarize Output in Physical Units and Compute Output in Equivalent Units: FIFO Method of Process Costing. Assembly Department of Porter Handcraft for April 2009. (step 2) «step 1) Equivalent Units Physles Direct ‘Conversion Flow of Production Units Materials Costs “Work in process, beginning (siven) 7 (Gwork done before current period) Started daring ewrent period (given) 550 ‘To accovt for 625 Completed and transferred out during eurent period ‘From beginning work in process! 78% (100% ~ 100%); 78 ¥ (100% — 40%) ° 4s Started and completed ast 425 * 100%: 425 * 100% aas 42s ‘Work in process, ending’ (given) 128 1s 2 128 5. 10086: 128 20% “Acconated for ‘Work dane in current period only “Degree of completion in this department: direct materials, 100%: conversion costs, 10%. 500 physical tits completed snd transferred ov munte 7S physical wits completed and transfesred out from beginning wark-in-process inventory. ‘Degree of completion inthis department: direct materials, 100%: conversion costs, 20%. SOLUTION EXHIBIT 17-378 Steps 3, 4. and 5: Summarize Total Costs to Account For, Compute Cost per Equivalent Unit and Assign Total Costs to Units Completed and to Units in Ending Work in Process: FIFO Method of Process Costing, Assembly Department of Porter Handcraft for April 2009. Total Production Direct Conversion Costs Materials Costs (Step 3) Work in process, beginning (given) Si910 3177S 3s Costs added in eturent period (given) 17.600 10.890 Total costs to account for $50,400, 319,375 $11,025 (Step 4) Costs added in euent period 317,600 $10,890 Divide by equivalent units of work done in ‘current period (Exhibit 17-37A) = 550 = 495 Cost per equivalent unit of work done in current petod s 2 (Step 8) Assignment of costs: ‘Completed and transferred out (500 units): ‘Work in process, beginning (75 units) $1910 sis + Sis Costs added fo begin. work in process in ccuzent period 990 ($32) = 4st $22) Total from beginning inventory 900 Started and completed (425 units) 950 ca Total costs of units completed & tsfa out 25,850 ‘Work in process, ending (125 units) 5 Total costs accounted for $32) + (4287 $22) 2s $32) + @stx$22) Si9s7s + $11,028 ‘Equivalent units used to complete beginning work in process from Solution Exhibit 17-37A, Step 2 ‘Equivalent units started and completed from Solution Exhibit 17-374, Step 2. “Equivalent units in ending work in process from Sohtion Exhibit 17-37, Step 2