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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:
Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Work-in-process inventory, August 1 Conversion: 80% complete Work-in-process inventory, August 31 Conversion: sex complete Units started Units completed and transferred out Costs work-in-process inventory, August 1 Material X Material Y Conversion costs added during August Material X Material Y Conversion 36,000 units 38,000 units 64,000 $ 53,700 85,000 118,990 152,000 107,200 229,310 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 70% 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 and 2 Red 3 Reg 4 Calculate the equivalent units and costs per equivalent unit of material X material and conversion for the mixing Pray Next
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