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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: 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 29,000 units 32,000 units 71,000 $ 58,700 85,500 118,200 153,400 118,500 301,800 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 80% 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 Althea of the dinnate in Deter search W 8 E D 4 R F % T < Prev 3 of 4 Nong> 96 L O 4 NO 7 8 9 K G H J C V B N M Fx Viome V P
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