B C fx Cannery Row: Mixing Dept Process Costing Report for February 20YY - Weighted Average 1 Problem 3A A 2 Cannery Row produces condensed tomato soup using two processes: mixing and canning, 3 4 The company's accountant has produced the following process costing data for February 20YY: 5 Cannery Row - Process costing data for February 201 Mixing Dept Canning Dept. 6 7 Units information (i.e. gallons of product) 8 Beginning Work in progress (WIP) (in gallons) 9 Units started in production this month (in gallons) 10 Units/gallons completed & transferred out during the mor 11 Completion percentage at end of month: 1,000 23,000 See Mixing 20,000 2,000 13,500 12 Ending WIP, direct materials added (%) 50% 10% 13 Ending WIP, conversion work performed (%) 25% 75% 14 15 Costs information $ 16 Beginning WIP, costs added in prior periods: 17 Beginning WIP, costs added in prior periods: Direct materials 18 19 Conversion cost: direct labor 20 Conversion cost: overhead applied 12,000 9,250 10,000 12,125 16,000 40,000 21 Transferred in costs N/A 33,000 22 Costs added to process in February 20YY: 23 Direct materials 98,000 62,500 24 Conversion cost: direct labor 25,000 20,000 25 Conversion cost: overhead applied 26 75,000 67,000