Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a . Determine the unit cost for the month in Blending b. Determine the total cost of the products transfered to finished goods c. Determine

a. Determine the unit cost for the month in Blending
b. Determine the total cost of the products transfered to finished goods
c. Determine the total cost of the ending work in process inventory.
Information:
Two production departments. Blending had 100o ubnits in process at the beginning of the period, two fifths complete. During the period 7800 units were received from Mixing, 8200 units were transferred to Finished Goods, and 600 Units were in process at the end of the period, 1/3 complete. The cost of the beginning work in process was.
cost in mixing...$10,000.
Cost in blending
materials...$200

Labor ... $500

Factory overhead...$300

The costs during the month were

Cost of goods received from Mixing............$78,000.

Cost in Blending

Materials........$3328.

Labor.........$10000.

Factory overhead....$6672.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Sustainability Performance And Reporting

Authors: Irene M. Herremans

1st Edition

1951527208, 9781951527204

More Books

Students also viewed these Accounting questions