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16-2B Weighted average: Production cost report P2 P4 Brun Company produces its product through two processing departments: Mixing and Baking. Information for the Mixing department
16-2B Weighted average: Production cost report P2 P4 Brun Company produces its product through two processing departments: Mixing and Baking. Information for the Mixing department follows. Direct MaterialsPercent Complete ConversionPerce Complete Units Beginning work in process 7,500 inventory Units started 104,500 this period Units completed and 100,000 transferred out Ending work in process 12,000 100% 25% inventory Table Summary: A table Beginning work in process inventory Direct materials $ Conversion 6,800 14,500 21,300 Costs added this period Direct materials 116,400 Conversion 1,067,000 1,183,400 Total costs to account $1,204,700 for Table Summary: A table Required 1. Prepare the Mixing department's production cost report for November using the weighted average method. Check (1) Cost transferred out, $1,160,000 2. Prepare the November 30 journal entry to transfer the cost of completed units from Mixing to Baking
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