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4 20 points The Great American Cookie Company produces a variety of cookies and uses a process costing system. The company uses the weighted average

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4 20 points The Great American Cookie Company produces a variety of cookies and uses a process costing system. The company uses the weighted average method and one of its processing departments is the Moding Department. For the month of July, the cost of beginning work in process inventory was $4,890, the cost of ending work in process inventory was $1,200, and the cost added to production was $25,400 Required: Prepare a cost reconciliation report for the Mixing Department for July 02:2824 Mixing Department Cost Reconciliation Cost to be accounted for: Hint Total cost to be accounted for Costs accounted for as follows: Pri Total cost accounted for References M M 5 Cameron Chemicals uses the weighted average method in its process costing system. During January, the Assembly Department completed its processing of 25,000 units and transferred them to the next department. The cost of beginning work in process Inventory and the costs added during January amounted to $621,000 in total. The ending work in process inventory in January consisted of 2,500 units, which were 70% complete with respect to materials and 50% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows: 20 points 02:20:15 Cost per equivalent unit Materials Labor Overhead $13.50 $3.30 Book Required: 1. Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. 2. Compute the cost of ending work in process Inventory for materials, labor, overhead, and in total for January 3. Compute the cost of the units transferred to the next department for materials, labor, overhead, and in total for January 4. Prepare a cost reconciliation for January. (Note: You will not be able to break the cost to accounted for into the cost of beginning work in process inventory and costs added during the month.) Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the equivalent units of materials, labor, and overhead in the ending work in process inventory for the month. Material Labor Overhead Equivalent units Required 2 >

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