Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following...
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Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 70% complete Work-in-process inventory, August 31 Conversion: 50% complete Units started Units completed and transferred out Costa Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material X Material Y Conversion Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Req 1 and 2 Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Req 3 Complete this question by entering your answers in the tabs below. 33,000 units 26,000 units 67,000 ? Req 4 Equivalent Units Cost per Equivalent Unit $ 59,300 86,000 119,850 152,800 195,200 219,450 Material X Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. (Round "Cost per Equivalent Unit" answers to 2 decimal places.) Material Y Teo 1 and 2 Conversion Req 3 > Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 11 Conversioni 70% complete Work-in-process inventory, August 31 Conversion: 50% complete Unita atarted Units completed and transferred out Conta Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material x Material Y Conversion Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Req 1 and 2 Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Req 3 33,000 unite 26,000 unite 67,000 7 Complete this question by entering your answers in the tabs below. $ 59,300 86,000 119,850 Req 4 Cost of Units Transferred Out 152,800 195,200 219,450 < Req 1 and 2 Calculate the cost of units transferred out. (Do not round intermediate calculations.) Req 4 > Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 70% complete Work-in-process inventory, August 31 Conversion: 50% complete Units started Units completed and transferred out Costs Work-in-process inventory, August 1 Material x Material Y Conversion Costs added during August Material X Material Y Conversion 33,000 units 26,000 units 67,000 2 Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Req 31 $ 59,300 86,000 119,850 Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Req 4 152,800 195,200 219,450 Complete this question by entering your answers in the tabs below. < Req 3 Req 1 and 2 Calculate the cost of the ending Work-in-Process Inventory. (Do not round intermediate calculations.) Cost of Ending Work-in-Process Rag 4 > Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 70% complete Work-in-process inventory, August 31 Conversion: 50% complete Units started Units completed and transferred out Costa Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material X Material Y Conversion Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Req 1 and 2 Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Req 3 Complete this question by entering your answers in the tabs below. 33,000 units 26,000 units 67,000 ? Req 4 Equivalent Units Cost per Equivalent Unit $ 59,300 86,000 119,850 152,800 195,200 219,450 Material X Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. (Round "Cost per Equivalent Unit" answers to 2 decimal places.) Material Y Teo 1 and 2 Conversion Req 3 > Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 11 Conversioni 70% complete Work-in-process inventory, August 31 Conversion: 50% complete Unita atarted Units completed and transferred out Conta Work-in-process inventory, August 1 Material X Material Y Conversion Costs added during August Material x Material Y Conversion Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Req 1 and 2 Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Req 3 33,000 unite 26,000 unite 67,000 7 Complete this question by entering your answers in the tabs below. $ 59,300 86,000 119,850 Req 4 Cost of Units Transferred Out 152,800 195,200 219,450 < Req 1 and 2 Calculate the cost of units transferred out. (Do not round intermediate calculations.) Req 4 > Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 70% complete Work-in-process inventory, August 31 Conversion: 50% complete Units started Units completed and transferred out Costs Work-in-process inventory, August 1 Material x Material Y Conversion Costs added during August Material X Material Y Conversion 33,000 units 26,000 units 67,000 2 Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Req 31 $ 59,300 86,000 119,850 Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Req 4 152,800 195,200 219,450 Complete this question by entering your answers in the tabs below. < Req 3 Req 1 and 2 Calculate the cost of the ending Work-in-Process Inventory. (Do not round intermediate calculations.) Cost of Ending Work-in-Process Rag 4 >
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Cost Management A Strategic Emphasis
ISBN: 978-0078025532
6th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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