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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: Norkinprocess
Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Norkinprocess inventory, ugust 1 Conversion: 96% complete 2?,666 units Norkinprocess inventory, ugust 31 Conversion: 56% complete 2?,666 units Units started ?3,666 Units completed and transferred out 9 Costs Norkinprocess inventory, august 1 Material X $ 69,666 Material Y 88,466 Conversion 119,626 Costs added during august Material X 15?,466 Material Y 136,666 Conversion 338,836 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 weightedaverage cost method. Required: '|. 8: 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 WorkinProcess Inventory
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