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Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August 28,000
Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August 28,000 unita Work-in-process inventory, August 1 Conversion: 80 complete Work-in-process inventory, August 31 Conversion: 50: complete Units started Units completed and transferred out 35,000 units 72,000 ? Costs Work-in-process inventory, August 1 $ 61,700 B2,400 119,300 Material x Material y Conversion Costs added during August Material x Material y Conversion 150, 100 146,100 210,700 Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending Work-in-Process Inventory. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Calculate the equivalent units and sts per equivalent unit of material X, material Y, and conversion for the mixing department. (Round "Cost per Equivalent Unit" answers to 2 decimal places.) Material Material y Conversion Equivalent Units Cost per Equivalent Unit Req 1 and 2 Req3 > Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Calculate the cost of units transferred out. (Do not round intermediate calculations.) Cost of Units Transferred Out Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Calculate the cost of the ending Work-in-Process Inventory. (Do not round intermediate calculations.) Cost of Ending Work-in-Process
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