Brady Products manufactures a silicone paste wax that goes through three processing departmentsCracking, Blending, and Packing All of the raw materials are introduced at the start of work in the Cracking Department The Work in Process T account for the Cracking Department for May follows Work in ProcessCracking Department Inventory, May 1 (35,600 kilograms, conversion 4 5 complete) 99,324 Completed and transferred to Blending ( kilograms) May costs added Raw materials (369,000 kilograms) 703,106 Conversion costs 421,992 Inventory, May 31 (45,000 kilograms, conversion 2 3 complete) The May 1 work in process inventory consists of $61,588 in materials cost and $37,736 in conversion cost The company uses the weighted average method Determine the equivalent units of production for May Determine the costs per equivalent unit for May Determine the cost of the units completed and transferred to Blending during May and the cost of ending work in process inventory (Round intermediate calculations to 2 decimal places )

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

Brady Products manufactures a silicone paste wax that goes through three processing departmentsCracking, Blending, and Packing. All of the raw materials are introduced at the

Brady Products manufactures a silicone paste wax that goes through three processing departmentsCracking, Blending, and Packing. All of the raw materials are introduced at the start of work in the Cracking Department. The Work in Process T-account for the Cracking Department for May follows:

Work in ProcessCracking Department


Inventory, May 1 (35,600 kilograms, conversion 4/5 complete)	99,324	Completed and transferred to Blending ( ? kilograms)	?
May costs added:
Raw materials (369,000 kilograms)	703,106
Conversion costs	421,992

Inventory, May 31 (45,000 kilograms, conversion 2/3 complete)	?
The May 1 work in process inventory consists of $61,588 in materials cost and $37,736 in conversion cost. The company uses the weighted-average method. Determine the equivalent units of production for May Determine the costs per equivalent unit for May. Determine the cost of the units completed and transferred to Blending during May and the cost of ending work in process inventory. (Round intermediate calculations to 2 decimal places.)