Question: Question 19 (20 points) Millstone Brewery uses the weighted-average method of process costing. Direct materials are added at the beginning of the process and conversion

Question 19 (20 points) Millstone Brewery uses the weighted-average method of process costing. Direct materials are added at the beginning of the process and conversion costs are added throughout the process. Data for the fermenting department follows: WIP, April 1 Direct materials (100%) in WIP, April 1 Conversion costs (65%) in WIP, April 1 Units completed Direct materials costs added during April Conversion costs added during April 16,500 units $47,600 $41,250 22,100 units $26,500 $20,300 WIP, April 30 (100%. for materials and 60for conversion costs) 14,300 units A. Compute the equivalent units for transferred in, direct materials, and conversion. B. Compute the cost per equivalent unit round to the nearest cent). G.Determine the total costs of the units transferred out D. Calculate the cost of ending inventory OLD
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
