Question: Use the following data for guestions 13 18: Bob's Bread Co. makes bread using three departments (Mixing, Baking, and Packaging). It uses the weighted-average method

Use the following data for guestions 13 18: Bob's Bread Co. makes bread using three departments (Mixing, Baking, and Packaging). It uses the weighted-average method of process costing and uses two cost categories (direct materials and conversion). Information for the Mixing department in the month of January 2021 is as follows: Direct materials Conversion Beginning work in process1 $65,200 $57,900 Units started in January Ending work in process2 Costs incurred in the month $489,970 $287,068 1Beginning work in process is 70% complete for direct materials and 25% complete for conversion 2Ending work in process is 50% complete for direct materials and 30% complete for conversion
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
