Question: hi, i need help with the following two problems. i would like to learn/understand the process so if you could please include the work showing
Theta Company has two departments: Mixing and Grinding. Data obtained from the Grinding Department for the month of October is as follows: Costs: Work in process, October 1 Transferred-in costs Direct materials Conversion costs Total work in process Current costs: Transferred-in costs Direct materials Conversion costs $1,550 550 $2,600 20,450 4,450 Total current costs Equivalent units of output: Transferred-in materials = 200,000 units Direct materials added 200,000 units Conversion costs150,000 units Determine the total unit cost using the weighted average method. (Round answer to three decimal places.) a. $0.065 per unit b. $0.195 per unt c. $0.085 per unit of Beta's sunflower oll begins in the Crushing Department. All seeds are added at the beginning of the conditioning process. Output is measured in liters. The Units completed and transferred out Units in process, May 31, 40% complete. 25,000 units 140,000 units 40,000 units etermine the number of units started in the month of May. .155,000 units c.115,000 units
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