. Du Pont Corporation uses Weighted Average process Costing in its paint mixing department. Materials are introduced at various points during work in the Mixing Department. After the cooking is completed, the materials are transferred into the Packaging Department, in which the paint is packaged.

Selected data relating to the Mixing Department during May are:

Production data:

Gallons in process May 1: materials 0%

complete; conversion 0% complete 900,000

Gallons started into production in May. 590,000

Gallons completed and transferred to Packaging 820,000

Gallons in process, May 31: materials 50%

complete, conversion 75% complete.. 670,000

Cost data:

Work in process inventory, May 1;

Materials cost... $1,112,000

Conversion cost. . $560,000

Costs added during May;

Materials...... $610,000

Conversion cost. $350,750

Required: prepare a Production Report for the Cooking department for the month of May. Include:

Units to account for

Equivalent units

Dollar amounts to account for

Cost per equivalent unit, rounded to the nearest cent; and

Total cost reconciliation for the department.

Weighted-Average Method

1. Units to account for:
Beginning Work in Process
Units started into production		________
Total units to account for

2	Equivalent Units of Production
		Materials		Conversion
	Transferred to next department................
	Ending work in process:
	Materials: units x % complete..	_______
	Conversion: units x % complete..		_________
	Equivalent units of production..................

3	Cost per Equivalent Unit
		Materials	Conversion
	Cost of beginning work in process.........
	Cost added during the period................	_________	_________
	Total cost (a).......................................
	Equivalent units of production (b)..........	_________	_________
4	Cost per equivalent unit, (a) (b).........

5. Costs assigned to the Cooking Department:

Materials Conversion Cost Total

Transferred out: =

Work in Process _________ ________ =

Total =