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# Aster Corp. has two departments, assembly and finishing. The following information for March 20x9 is available. Assembly Two direct materials are...

Aster Corp. has two departments, assembly and finishing. The following information for March 20x9 is available.

Assembly

Two direct materials are added to the product in the assembly department. Raw material A is added at the beginning of the process. Raw material B is added when the units are 50% complete.

Beginning WIP         1,250 units (60% converted)

\$10,150 Raw Material A

\$5,125 Raw Material B

\$6,800 Conversion Costs

Started in March            15,000 units

Good units completed     14,900 units

Normal spoilage                 211 units

Abnormal spoilage                  ? units

Ending WIP             1,075 units (40% converted)

March costs incurred in the Assembly Department

\$122,500 Raw Material A

\$61,900 Raw Material B

\$206,500 Conversion Costs

Finishing: There is one additional direct material added to the product. It is added at the end of the process in the finishing department. There is no normal spoilage in the finishing department as it is a fairly easy process so it is not usual to have any.

Beginning WIP         1,875 units (70% converted)

\$49,547 Transferred in Costs

\$2,165 Conversion Costs

Good units completed     15,845 units

Abnormal spoilage                  ? units

Ending WIP               985 units (60% converted)

March costs incurred in the finishing department:

\$15,775 Direct Materials

\$25,250 Conversion Costs

Required:

a.  Calculate equivalent units, cost per equivalent units and allocate all costs for the Assembly Department using weighted average process costing.

b. Record the journal entries required in Assembly using the numbers from "a".

c. Calculate equivalent units, cost per equivalent units and allocate all costs for both departments using FIFO process costing.

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