Hayword, Incorporated uses weighted-average costing and has two departments - mixing and packaging. The following information relates to work in the mixing department for the month of July: 9 0 Work in process, beginning: Units in process Completion with respect to materials Completion with respect to conversion Costs in the beginning inventory: Materials cost 11 Conversion cost 12 Units started into production during the period Costs added to production during the period: 13 Materials cost 14 15 Conversion cost 16 Work in process, ending: 17 18 19 20 Units in process Completion with respect to materials Completion with respect to conversion 21 Required: 22 23 Use the data to fill in the following information. 300 60% 40% $10,500 $6,750 6,200 $332,150 $407,645 450 40% 30% 1. Compute equivalent units. = Units transferred to the next department Ending work in process: Materials Conversion Equivalent units of production 5 6 2. Compute costs. Mixing Department Costs per Equivalent Unit Cost of beginning work in process inventory Costs added during the period Total cost 1 Cost per equivalent unit Equivalent units of production 3. Assign costs. Mixing Department Costs per Equivalent Unit Materials Conversion Ending work in process inventory: Equivalent units of production Cost per equivalent unit Cost of ending work in process inventory Units completed and transferred out: Units transferred to the next department Materials Conversion Mixing Department Costs of Ending Work in Process Inventory and the Units Transferred Out Materials Conversion Total Units transferred to the next department Cost per equivalent unit Cost of units transferred out 4. Prepare report. 1 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