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Flushlt manufactures athletic sports drinks. Their production process occurs in two phases: The mixing department and the bottling department. The weighted average costing method of
Flushlt manufactures athletic sports drinks. Their production process occurs in two phases: The
mixing department and the bottling department. The weighted average costing method of process
costing is being used. The following information is available for the bottling department:
Current account balances as per GL unadjusted these may be incorrect:
Additional more detailed cost record information:
There were no finished goods inventories on January
Required:
A Based on the additional detailed cost record information shown above and using the table below,
calculate the correct amount of cost that should be assigned to the ending work in process and finished goods inventories
Note: Please round your cost per EUP to two places after the decimal point!
Please note: You must show all calculations below, using the below table, and using Excel as calculator, using any applicable formulas.
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