Question: Hamilton Processing Company uses a weighted average process cost

Hamilton Processing Company uses a weighted-average process costing system and manufactures a single product—a premium rug shampoo and cleaner. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the mixing and cooking department is shown below.




Instructions
(a) Prepare a schedule that shows how the equivalent units were computed so that you can complete the “Quantities: Units accounted for” equivalent units section shown in the production cost report, and compute October unit costs.
(b) Complete the “Cost Reconciliation Schedule” part of the production cost reportbelow.
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  • CreatedMarch 02, 2012
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