Cannery Row produces condensed tomato soup using two processes: mixing and canning. The companys accountant has produced the following process costing data for February 2019: Cannery Row - Process costing data for February 2019 Mixing Dept Canning Dept Units (i.e. gallons of product) Beginning Work in progress (WIP) (in gallons) 1,000 2,000 Units started in production this month (in gallons) 23,000 See Mixing Units/gallons completed & transferred out during the month 20,000 13,500 Completion percentage at end of month: Ending WIP, direct materials added (%) 50% 10% Ending WIP, conversion work performed (%) 25% 75% Costs $ $ Beginning WIP, costs added in prior periods: Transferred in costs N/A 33,000 Direct materials 12,000 9,250 Conversion cost: direct labor 10,000 12,125 Conversion cost: overhead applied 16,000 40,000 Costs added to process in February 2019: Direct materials 98,000 62,500 Conversion cost: direct labor 25,000 20,000 Conversion cost: overhead applied 75,000 67,000 Due to a machine breakdown in the Canning Department, the company faced a backlog of work in this department during February 2019. Required: 1. Using the data provided above and the template on the next page, prepare the process costing report for the Mixing Department for February 2019 using the weighted average method. 2. Using the data above and your answer from part 1), prepare the process costing report for the Canning Department for February 2019 using the weighted average method. Use the 2nd template provided.

Cannery Row: Mixing Dept Process Costing Report for February 2019 Weighted Average
			Percentage completed			Equivalent units
	Total		Direct materials	Conversion		Direct materials	Conversion
Units
Beginning WIP inventory	1000
Units started	23,000
Units available	24,000
Units completed	20,000		100%	100%		20,000	20,000
Ending WIP inventory	4,000		50%	25%		2,000	1,000
Units accounted for	24,000					22,000	21,000
	Total $
Costs
Beginning WIP inventory	12,000
Costs added this month	98,000
Total costs in process	110,000					5	6
Cost per equivalent unit ($)						$ per EU	$ per EU
Cost assignment
Units completed	100,000					100,000	120,000
Ending WIP inventory	10,000
Total costs	110,000