Manford Company has a product that passes through two processes: Mixing and Cooking.

During October, the Mixing Department transferred 10,000 units to the Cooking Department.

The cost of the units transferred into the second department was $20,000. Materials are added uniformly in the second process. Units are measured the same way in both departments.

The second department (Cooking) had the following physical flow schedule for October:

Costs in beginning work in process for the Cooking Department were materials, $2,500; con¬
version costs, $3,000; transferred in, $4,000. Costs added during the month: materials, $16,000;
conversion costs, $25,000; transferred in, $20,000.
Required:
1. Assuming the use of the weighted average method, prepare a schedule of equivalent units.
2. Compute the unit cost for the month.

Transcribed Image Text:

Units to account for: Units, beginning work in process Units started Total units to account for Units accounted for: Units, ending work in process Units completed Units accounted for 2,000 (40% complete) ? 4,000 (50% complete) ?