Question
In the Packing department, however, we have several different materials and, therefore, materials are added at different parts of the process.(The percentage of completion amounts
In the Packing department, however, we have several different materials and, therefore, materials are added at different parts of the process.(The percentage of completion amounts are given, so that you don't have to figure out what materials are added where.)
Now consider the company's 2nd department, the Packing Department.The following information is related to production in the Packing Department for February, 2013 (the same month):
Unit Information - Packing Department
Units to account for
Beginning work in process (60%
materials, 50% as to conversion)
14,500
Transferred from Mixing
?
Ending work in process (80%
materials, 60% conversion)
35,000
Cost Information
Material
Conversion
Transferred In
Total
Beginning work in process
$925
$175
$3,410
$4,510
Current
83,900
25,645
?
?
$84,825
$25,820
?
?
Required:
For requirements 1 and 2, assume that all units produced were "good" units and met the company's quality-control standards. In doing your computations, allow Excel to make complete computations, but round ALL equivalent unit costs to 4 decimal places for display purposes only.
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