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CALCULATOR PRINTER VERSION BACK NEXT Question 2 Hamilton Processing Company uses a weighted average process cost system and manufactures a single product-an industrial 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 follows (a) 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, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) HAMULTON PROCESSING COMPANY Mising and Cooking Department Production Cast Report For the Month Ended October 31 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process, October 1 22,800 (all materials, 70% conversion costs) Started into production 171,000 Total units 193.800 136,000 Units accounted for Transferred out Work in process, October 31 (60% material, 40% conversion costs) 57,000 In A Party 20.2021 Insha Wil 4241 136,800 Units accounted for Transferred out Work in process, October 31 (60% materials, 40% conversion costs) Total units accounted for 57,000 193,800 Materials Conversion Costs Total Costs Unit costs Total Costs Equivalent units $275,600 $119.700 $393,300 Unit costs Costs to be accounted for Work in process, October 1 Started into production Total costs $34,200 359,100 $393,300