Question
Flaker Oats is a cereal manufacturer who uses process costing (weighted average method) to account for its production costs each period. Flaker Oats uses two
Flaker Oats is a cereal manufacturer who uses process costing (weighted average method) to account for its production costs each period. Flaker Oats uses two departments in the production of its product Grinding and Mixing. The following is information obtained for the Grinding department for the month of May:
Units and completion percentages Grinding Department: | ||||
| Beginning WIP inventory | Units started during period: | Units completed and transferred out: | Ending WIP inventory |
Physical units: | 910,320 | 1,650,180 | ?????? | 895,910 |
Percent complete with respect to: |
|
|
|
|
DM | 25% |
|
| 90% |
Conversion Costs | 10% |
|
| 70% |
Calculate the Equivalent Units of Production (EUP) for Conversion Costs for May for the Grinding department.
Group of answer choices
2,291,727
1,792,350
2,560,500
2,470,909
2,381,318
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