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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: 33,000
Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: 33,000 units 32,000 units 67,000 ? Work-in-process inventory, August 1 Conversion: 90% complete Work-in-process inventory, August 31 Conversion: 50% 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 $ 68,100 83,300 118,660 152,200 141,100 284,540 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 1 and 2 Req3 Reg 4 Calculate the equivalent units and costs 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 X Material Y Conversion Equivalent Units Cost per Equivalent Unit Req 1 and 2 Reg 3 Reg 4 Calculate the cost of units transferred out. (Do not round intermediate calculations.) Cost of Units Transferred Out 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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