PROBLEM $5$

CST Corporation manufactures a product that is processed in two departments: Mixing and Cooking.

In the Mixing department, the beginning work in process $($WIP$)$ is $50\%$ complete, and the ending

WIP is $80\%$ complete. In this department, materials are added at the beginning of the process.

In the Cooking department, the beginning WIP is $40\%$ complete, and the ending WIP is $30\%$

complete. In this department, materials are added near the end of the process.

Mixing is the first department. All units completed in this department are then transferred to

Cooking. All units completed in the Cooking department are transferred to the Finished Goods.

Additional information about the two departments follows:

The company uses FIFO Method.

Compute the cost of transferred out units in Mixing Department.

Compute the cost of ending work in process in Mixing Department.

Compute the cost of finished goods in Cooking Department.

Compute the cost of ending work in process in Cooking Department.

Compute the cost per equivalent units of Materials cost in Cooking Department.