400 250 Helix Corporation uses the weighted average method in its process costing system. It produces prefabricated Fooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow: Percent complete Units Materials Coresion Work in process inventory, May 1 76,000 1000 Work in process inventory, May 31 56.000 1000 Materials cont in work in process inventory, May 1 $ 60,000 Conversion cost in work in process inventory. May 1 $ 17.800 Units started into production 259,900 Units transterred to the next production department 278,000 Materials cost added during May $ 133,720 Conversion cost added during Hay $ 256,680 Required: 1. Calculate the first production departments equivalent units of production for materials and conversion for May 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion and in total for May Superior Micro Products uses the weighted average method in its process costing system. During January, the Delta Assembly Department completed its processing of 25,600 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $650,471 in total. The ending work in process inventory in January consisted of 2,300 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: Materials Labor Overhead Cost per equivalent unit $ 12.60 $ 4.40 $7.10 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 be accounted for into the cost of beginning work in process inventory and costs added during the month.) 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: Units to be accounted for Work in process, April 1 (materials 90% complete; conversion 801 complete) Started into production Total units to be accounted for Units accounted for as follows: Transferred to next department Work in process, April 30 (materials 758 complete; conversion 50% complete) Total units accounted for 5,200 34,900 40,100 33,300 6,800 40,100 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 30 Transferred to next department Total cost accounted for $ 16,432 118,643 $ 135,075 $ 15,861 119,214 $ 135,075 Management would like some additional information about Cooperative San Jos's operations. Required: 1. What were the Mixing Department's equivalent units of produktion for materials and conversion for April? 2. What were the Mixing Department's cost per equivalent unit for materials and conversion for April? The beginning inventory consisted of the following costs: materials, $10,244; and conversion cost, $6,188. The costs added during the month consisted of materials, $73,084, and conversion cost, $45,559. 3. How many of the units transferred out of the Mixing Department in April were started and completed during that month? Cost Reconciliation Cost to be accounted for Work in process, April 1 $ 16,432 Cost added during the month 118,643 Total cost to be accounted for $ 135,075 cost accounted for as follows: Work in process, April 30 $ 15,861 Transferred to next department 119,214 Total cost accounted for $ 135,075 Management would like some additional information about Cooperative San Jose's operations. Required: 1. What were the Mixing Department's equivalent units of production for materials and conversion for April? 2. What were the Mixing Department's cost per equivalent unit for materials and conversion for April? The beginning inventory consisted of the following costs: materials, $10,244; and conversion cost, $6,188. The costs added during the month consisted of materials, $73,084; and conversion cost, $45,559. 3. How many of the units transferred out of the Mixing Department in April were started and completed during that month? 4. The manager of the Mixing Department stated, "Materials prices jumped from about $1.80 per unit in March to $2.30 per unit in April, but due to good cost control I was able to hold our materials cost to less than $2.30 per unit for the month." Should this manager be rewarded for good cost control