Question

Mallory Inc. produces a popular brand of energy drink. It adds all materials at the beginning of the manufacturing process. The company has provided the following information:


Required:
1. Using the weighted-average method of process costing, complete each of the following steps:
a. Reconcile the number of physical units worked on during the period.
b. Calculate the number of equivalent units.
c. Calculate the cost per equivalent unit rounded to five decimal places.
d. Reconcile the total cost of work in process.
2. Summarize the preceding steps in a production report for MalloryInc.


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  • CreatedFebruary 27, 2015
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