Question: I need 1.) equivalent units for June for the first processing department.2.) calculate the cost per equivalent unit for the mixing department 3.) calculate the
I need 1.) equivalent units for June for the first processing department.2.) calculate the cost per equivalent unit for the mixing department 3.) calculate the total cost of ending work in process inventory and the total cost of units transferred to the next department in June 4.) make a report that reconciles the total costs assigned to the ending work in process inventory and the units transferred out with the costs in beginning inventory and costs added during the period.

CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is available about work in the first department, the Mixing department, during the month of June. The company uses the weighted-average costing method. Percentage Complete Units Materials Conversion Work in process, beginning 50,000 75% 30% Started into production 430,000 Completed and transferred out 380,000 Work in process, ending 100,000 60% 40% Materials Conversion Work in process, beginning $45,500 $25,000 Costs added during June $425,500 $145,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
