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FIT's mixing department had the following data for the month of July: Production: Units in process, July 1, 80 % complete 20,000 gallons Units completed
FIT's mixing department had the following data for the month of July: Production: Units in process, July 1, 80 % complete 20,000 gallons Units completed and transferred out 60,000 gallons Units in process, July 31, 25 % complete 10,000 gallons S Costs: Work in process, July 1 $ 3,525 Costs added during July $10,125 Required to show all calculation steps t 1. Calculate an output measure for July 2. Assign costs to units transferred out and EWIP using the weighted average method
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