Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4 25 points Cooperative San Jos of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
4 25 points Cooperative San Jos of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is sold in small bottles and is prized as a flavoring for drinks and for use in desserts. The bottles are sold for $12 each. The first stage in the production process is carried out in the Mixing Department, which removes foreign matter from the raw materials and mixes them in the proper proportions in large vats. The company uses the weighted average method in its process costing system A hastily prepared report for the Mixing Department for April appears, below. ebook pro References 5,200 34,960 40,100 Units to be accounted for work in process, April 1 (materials 90% complete conversion sex complete) Started into production Total units to be accounted for Units accounted for as follows: Transferred to next department Work in process, April 30 (terials 75% complete Conversion 50% complete) Total units accounted for 33,300 6,800 40,100 points eBook Priya Cost Reconciliation Cost to be accounted for: Work in process, April 1 Cost added during the month Total cost to be accounted for Cost accounted for as follows: Work in process, April 38 Transferred to next department Total cost accounted for $ 16,432 118,643 $ 135,075 References $ 15,861 119,214 $ 135,075 Management would like some additional information shour. Complete this question by entering your answers in the tabs below. 25 points Required 1 Required 2 Required 3 Required 4 eBook Priloc what were the Mixing Department's equivalent units of production for materials and conversion for Materials Conversion Equivalent units of production Refrences Required Required 2 > Complete this question by entering your answers 25 points Require12 Required 1 Required 3 Required 4 eBok Prilo what were the Mixing Department's cost per equivalent unit for materials and conversion for April? The beg consisted of the following costs: materials, $10,244; and conversion cost, $6,188. The costs added during consisted of: materials, $73,084; and conversion cost, $45,559. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit References s Required 1 Required 2 Required 3 Required 4 eBook Prip How many of the units transferred out of the Mixing Department in April were started and comp eferences Units started and completed during April

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Charles E. Davis, Elizabeth Davis

2nd edition

1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445

Students also viewed these Accounting questions