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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 Materials Conversion Units Percent Complete Percent Compl Beginning work in process inventory 7,500 Units started this period 104,500 Units completed and transferred out 100,000 Ending work in process inventory 12,000 100% 25% Beginning work in process inventory Direct materials $ 6,800 Conversion Costs added this period Direct materials Conversion Total costs to account for 14,500 $ 21,300 116,400 1,067,000 1,183,400 $1,204,700 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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