Question
Coco Caola Company makes healthy energizing beverages for tired students. Production occurs in two phases: The mixing department and the bottling department. The following information
Coco Caola Company makes healthy energizing beverages for tired students. Production occurs in two phases: The mixing department and the bottling department. The following information is available for the bottlind department for the month of January.
Percent Completed
Units Materials Conversion
WIP, beginning 18,600 80% 65%
Started into production 240,400
Completed & transferred out ?
WIP, ending 48,500 65% 85%
Costs:
Materials Conversion
WIP, beginning $17,300 $28,400
Costs added $273,600 $324,800
Required:
Assume that the company uses the weighted-average method.
Determine the total cost of ending work in process inventory and the total cost of units transferred to the Bottling Department.
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