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

Use the following data for questions 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: Units Direct materials Conversion Beginning work in process 6,100 $69,900 $26,320 Units started in January 15,200 Ending work in process? 3,500 Costs incurred in the month $383,700 $374,000 "Beginning work in process is 20% complete for direct materials and 18% complete for conversion Ending work in process is 70% complete for direct materials and 40% complete for conversion 17. What is the unit product cost of a unit produced in the Mixing department in January? 18. Prepare the work in process inventory T-account for the Mixing department in January to show all activity denominated in each of the following two ways (all items in the two T-accounts should be clearly labeled): a. Physical units b. Costs
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
