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assignment as a pdf file with filename LastNameFirstName.pdf. Problem 1: Lovely Butter (Process Costin (1.5 points) Lovely Butter produces peanut butter using a two-stage process:
assignment as a pdf file with filename "LastNameFirstName.pdf". Problem 1: Lovely Butter (Process Costin (1.5 points) Lovely Butter produces peanut butter using a two-stage process: grinding and packaging. The following information is available in the packaging department for the month of August Beginning WIP (units) 150 Costs transferred from grinding department Cost of materials in packaging 75% completed) Conversion costs (50% completed) $450 $2,000 $1,000 $3,450 750 200 Units transferred in August from grinding department Ending work in process (units) Costs transferred from grinding in August Conversion costs incurred in August Material costs incurred in August $2,625 $5,500 $12,000 The ending WIP was 50% complete w.r.t. materials and 25% complete w.r.t. conversion costs. Compute costs transferred out and costs in ending WIP for the packaging department using the weighted average method Problem 2: Dye Engineering (Service Department Cost Allocation) (1.5 points) Budgeted cost data for the production and service departments of Dye Engineering are as follows
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