17-1 CHAPTER 17 PROCESS COSTING17-19 (15 min.) Weighted-average method,equivalent units. Under the weighted-average method, equivalent units are calculated as the equivalent units of work done to date. Solution Exhibit 17-19 shows equivalent units of work done to date for the Satellite Assembly Division of Aerospatiale for direct materials and conversion costs. SOLUTION EXHIBIT 17-19 Steps 1 and 2: Summarize Output in Physical Units and Compute Output in Equivalent Units; Weighted-Average Method of Process Costing, Satellite Assembly Division of Aerospatiale for May 2007. (Step 2) (Step 1) Equivalent Units Physical Direct Conversion Flow of Production Units Materials Costs Work in process beginning (given) 8 Started during current period (given) 50To account for 58Completed and transferred out during current period 46 46.0 46.0 Work in process, ending* (12 ×60%; 12 ×30%) (given) 127.2 3.6 Accounted for 58____ ____ Work done to date 53.249.6*Degree of completion in this department: direct materials, 60%; conversion costs, 30%.
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