el Simulation i 12AHayword,Inc.usesweighted-averagecostingandhastwodepartments-mixingandpackaging.ThefollowinginformationrelatestoworkinBCD 2 The following information relates to work in the mixing department for the month of July: 4 Work in process, July 1 : \begin{tabular}{|l|l|l|} \hline 5 & Units in process & 300 \\ 6 & Percent completed with respect to materials & 60% \\ 7 & Percent completed with respect to conversion & 40% \end{tabular} 8 Cost in the beginning inventory: 12 Costs added to production during the period: Use the data to answer the following. 1. Compute equivalent units. Mixing Department Equivalent Units of Production REAOY Attompt(s) \begin{tabular}{|l|l} \hline 23 & A \\ \hline 24 & Mixing Department \end{tabular} Equivalent Units of Production Materials Conversion Units transferred to the next department Ending work in process: 28 Materials 29 Conversion 30 Equivalent units of production 31 32 2. Compute cost per equivalent unit. 3334MixingDepartmentCostperEquivalentUnit 36 Cost of beginning work in process 37 Cost added during the period 38 Total cost 39 Equivalent units of production 40 Cost per equivalent unit 3. Assign costs. Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out 46 Ending work in process inventory: Materials Conversion Total Ending work in process inventory: \begin{tabular}{|l|c|} \hline 49 & A \\ \hline 50 & Cost of ending work in process inventory \\ \hline \end{tabular} 51 Units completed and transferred out: Units transferred to the next department Cost per equivalent unit Cost of units transferred out 4. Prepare reconciliation. Mixing Department Cost Reconciliation Costs to be accounted for: Cost of beginning work in process inventory Costs added to production during the period Total cost to be accounted for Costs accounted for as follows: Cost of ending work in process inventory Cost of units transferred out Total cost accounted for 67 68 69 70