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Hamilton Processing Company uses a weighted average process cost system and manul carpet shampoo and cleaner used by many universities. The manufacturing activity for the

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Hamilton Processing Company uses a weighted average process cost system and manul carpet shampoo and cleaner used by many universities. The manufacturing activity for the month of October has just been completed. A partially completed production cost report for the month of October for the Mixing and Cooking department is as ollows. Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for" equivalent units section shown in the production cost report, and compute October unit costs. (Round unit costs to 2 decimal places, eg. 2.25 and other answers to decimal places, e.g. 125.) HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, October 1 (all materials, 70% conversion 22,200 HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process October 1 (all materials, 70% conversion costs) Started into production Total units 22,200 166,500 188,700 133,200 Units accounted for Transferred out Work in process, October 31 133.200 Units accounted for Transferred out Work in process October 31 (60% materials, 40% conversion costs) Total units accounted for 55,500 188,700 Conversion Costs Materials Total Costs Unit costs Total Costs Equivalent units $266,400 $116,550 $382,950 Unit costs $ Costs to be accounted for Work in process, $33,300 Conversion Costs Costs Materials Total $266.400 $116,550 $382.950 Unit costs Total Costs Equivalent units Unit costs $ $33,300 Costs to be accounted for Workin process, October 1 Started into production Total costs 349.650 $382.950 e Textbook and Media Complete the "Cost Reconciliation Schedule' part of the production cost report. Cost Reconciliation Schedule Costs accounted for $ Transferred out Work in process, October 31 Materials $ Conversion costs Total costs

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