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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, August 1 Conversion: 83% complete 39,333 units Norkinprocess inventory, August 31 Conversion: 53% complete 31,330 units Units started 51,333 Units completed and transferred out ? Costs Nork-in-process inventory, August 1 Material X $ 5?,230 Material Y 84,333 Conversion 119,363 Costs added during August Material X 155,833 Material Y 116,133 Conversion 3?9,193 Material X is added at the beginning ofwork in the mixing department. Material Y is also added in the mixing department, but not until units are I'OS'E complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Required: 1. Sr 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. Complete this queson by entering your answers in the tabs below. Reqland2 Req3 Req4 Calculate the equivalent units and costs per equivalent unit of material X, material 'r', and oonversion for the mixing department. {Round "Cost per Equivalent Unit" answers to 2 decimal places.) Req3 > Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Calculate the cost of units transferred out. (Do not round intermediate calculations.) Cost of Units Transferred Out Req 1 and 2 Req 3 Req 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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