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Cutie Cakes uses a mixing department and a baking department in producing its cake. Its process-costing system in the mixing department has two direct materials
Cutie Cakes uses a mixing department and a baking department in producing its cake. Its process-costing system in the mixing department has two direct materials cost categories (cake mix and flavorings) and one conversion cost pool. The following data pertain to the mixing department for April 2020: NEYUH SIS 12 LUIIPUE WIS SYUIVEITTI S 119 1AL UBH KB 108 A SUEN 11 SUT LB LEITYULY. \\UUIHIPITHS G UL SIS, LINSI 8 U 11 @ity 4810 Uaiaiives.) Equivalent Units Cake Conversion Physical Units Mix Flavorings Costs Work in process, beginning 0 11,000 Started during current period To account for Completed and transferred out during current period 9,000 Work in process, ending Accounted for Equivalent units of work done in current period Requirement 2. Compute (a) the cost of goods completed and transferred to the baking department during April and (b) the cost of work in process as of April 30, 2020. Begin by computing the cost per equivalent unit for each cost category. (Round the cost per equivalent unit to the nearest cent.) Cake Conversion Mix Flavorings Costs Divide by Cost per equivalent unit (a) Determine the formula, then compute the cost of goods completed and transferred to the baking department during Aprilfor each cost category. Cost of goods completed S = and transferred out Cake Mix x = Flavorings x = Conversion costs x h (b) Determine the formula, then compute the cost of work in process as of April 30, 2020 for each cost category. (Complete all input fields. Enter a 0 for any zero balances.) Cost of work in process x = asof April 30, 2020 Cake Mix x - Flavorings x B Conversion costs x = - X Data table Work in process, April 1 0 Started in April 11,000 pounds Completed and transferred to baking 9,000 pounds Costs: Cake mix $ 16,500 ) - X More info The cake mix is introduced at the start of operations in the mixing department, and the flavorings are added when the product is 50% completed in the mixing department. Conversion costs are added evenly during the process. The ending work in process in the mixing department is 35% complete. Requirements . Compute the equivalent units in the mixing department for April 2020 for each cost category. 2. Compute (a) the cost of goods completed and transferred to the baking department during April and (b) the cost of work in process as of April 30, 2020
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