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Bonita Processing Company uses a weighted average process cost system and manufactures a single product-an industrial carpet shampoo and cleaner used by many universities. The

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Bonita Processing Company uses a weighted average process cost system and manufactures a single product-an industrial carpet shampoo and cleaner used by many universities. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the Mixing and Cooking department is as follows. Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for equivalent units section shown in the production cost report and compute October unit costs. (Round unit costs to 2 decimal places, 68 2.25 and other answers to decimal places, s. 125) BONITA PROCESSING COMPANY Mixcing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Workin process October 1 23.800 Call materiale 70% conversion Started into production Total units 178.500 2002.300 Units accounted for 178.500 Started into production Total units 202,300 142 800 Units accounted for Transferred out Work in process, October 31 (60% materials. 40% conversion costs) Total units accounted for 59.500 202.300 Materials Conversion Costs Total Costs Unit costs Total Costs Equivalent units $285.600 $124.950 $410,550 Unit costs Costs to be accounted for Workin proce 12 $35,700 Workin process October 1 Started into production Total costs 374,850 $410.550 eTextbook and Media Complete the "Cost Reconciliation Schedule' part of the production cost report Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, October 31 Materials Conversion costs Total costs Textbook and Media

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