Paul€™s Frozen Pizzas uses FIFO process costing. Selected production and cost data fol- low for April 2016.

Requirements
1. Calculate the following:
a. On March 31, the Mixing Department beginning Work-in-Process Inventory was 30% complete for materials and 45% complete for conversion costs. This means that for the beginning inventory _____ % of the materials and _____ % of the conversion costs were added during April.
b. On April 30, the Mixing Department ending Work-in-Process Inventory was 65% complete for materials and 75% complete for conversion costs. This means that for the ending inventory _____ % of the materials and _____ % of the conversion costs were added during April.
c. On March 31, the Cooking Department beginning Work-in-Process Inventory was 70% complete for materials and 80% complete for conversion costs. This means that for the beginning inventory _____ % of the materials and _____ % of the conversion costs were added during April.
d. On April 30, the Cooking Department ending Work-in-Process Inventory was 55% complete for materials and 80% complete for conversion costs. This means that for the ending inventory _____ % of the materials and _____ % of the conversion costs were added during April.
2. Use the information in the table and the information in Requirement 1 to compute the equivalent units of production for transferred in costs, direct materials, and conversion costs for both the Mixing and the Cooking Departments. For all Problems, assume the weighted-average method is to be used unless you are told otherwise.

Transcribed Image Text:

Cooking Mixing Department Department Units to account for Beginning work-in-process, March 31 Started in April Transferred in during April 22,000 70,000 10,000 47,000 57,000 Total units to account for Units accounted for 92,000 Completed and transferred out during April From beginning work-in-process inventory Started and completed during April 22,000 25,000 45,000 92,000 10,000 40,000 7,000 57,000 Ending work-in-process, April 30 Total units accounted for