Question: I need some help understanding how to estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top

I need some help understanding how to estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to make the cookies and help me make a production cost sheet for one of those processes. I'm not sure about this process costing sheet if I made 1000 cookies. This for a made up business with 2 employees. Each order is made from scratch and no materials are kept in house. They are bought to fulfill each order. I'm not sure if any of y numbers are right other than material, labor, and overhead. I know those from previous work.

Carver Cookie Company Production Cost Report Department: mixing Cost: Material Labor Overhead Trans In Total Beginning WIP Cost incurred 180.00 226.08 135.65 379.73 Total 180.00 226.08 135.65 379.73 Units: 1,000.00 Units Completed 400.00 Equivalent Units (ending WIP) 400.00 90.43 54.26 Total Cost per Equivalent unit

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