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please help fill in the blanks and answer the other parts. thank you. Howell Food Products (HFP) produces the most popular of its canned soup
please help fill in the blanks and answer the other parts. thank you.
Howell Food Products (HFP) produces the most popular of its canned soup varieties at the Stadium Plant. The Stadium Plant has two deportments: Mixing and Canning. Raw materials are added at two points in the production of the soup. First, vegetables are added at the beginning of production in the Mixing Department. After the process is 30 percent complete with respect to conversion, a unique broth is added to the vegetable-water mix. Once the soup is mixed, it is tronsferred to the Conning Department for cooking and packaging. The following information is avalable from the Stadlum Plant for October. (No new material is added in the Canning Department] Canning Department Production and Costs: October Becinning inventory ( 127, eee units, Gos complete with respect to canning Departmeat costs) Total (Mixing and Cannine Departments) cost: leginnine inventory Current work (1,244,600 units started) Mixine Department costs Canining Departatent costs 5273,212 51,725,600 The ending inventory has 177,800 units, which are 100 percent complete for Mixing Department costs Required: a-1. Assume that the Canning Department uses weighted-average process costing. The cost per equivalent unit for October for materials (transferred in from the Mixing Plant) in the Canning Department is $1.44 and for conversion costs it is $0.60. Prepare a production cost report for Octobet. a-2. Assume that the Canning Department uses weighted-average process costing. The cost per equivalent unit for October for materials (transferred in from the Mixing Plant) in the Canning Deportment is $1.44 and for conversion costs it is $060. How complete is ending inventory with respect to conversion cost? b. What is the cost of product transferred out of the Conning Department for October? c. What is the cost of ending inventory in the Canning Department for October? Complete this question by entering your answers in the tabs below. Assume that the Canning Oepartment uses weighted-average process costing. The cost per equivalent unit for October for materials (transferred in from the Mixing Plant) in the Canning Department is $1.44 and for comversion covs it is 50.60. Prepare a production cost report for October. Note: Round "Cost per equivalent unit" to 2 decimal places, Round your final answers to nearest whale number. show leas. Assume that the Canning Department uses weighted-average process costing. The cost per equivalent unit for October for matenals (transferred in from the Mixing Plant) in the Canning Department is $1.44 and for conversion costs it is \$0.60. Prepare a production cost report for October. Note; Round "Cost per equivalent unit" to 2 decimal places. Round vour final answers to nearest whole number Step by Step Solution
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