Process Costing Zero beginning inventory, materials introduced in middle of process Free work cells Answer cells Dot and Ken Ice Cream uses a mixing department and a freezing department in producing its ice cream. Its process-costing system in the mixing department has two direct materials cost categories ice cream mix and flavorings) and one conversion cost pool. The following data pertain to the mixing department for April 2017: Work in process, April 1 Started in April Completed and transferred to freezing 10,000 gallons 8,500 gallons Flavorings Costs: Ice Cream Mix $27,000 Conversion Costs $53,700 $4,080 The ice cream mix is introduced at the start of operations in the mixing department, and the flavorings are added when the product is 40% completed in the mixing department. Conversion costs are added evenly during the process. The ending work in process in the mixing department is 30% complete. Answer cells must remain in the same location so do not insert/delete columns or rows in the file. Numeric answers must include a formula or reference so do not hard enter the answer. 1. Compute the equivalent units in the mixing department for April 2017 for each cost category. Physical Units Ice Cream Mix Equivalent Units Conversion Flavorings Costs You can hard enter these numbers Work in process, beginning Started/Added during current period -To account for 10,000 10,000 8,500 Completed and transferred out during current period Work in process, ending |=Accounted for 8,500 1,500 10,000 8,500 1,500 10,000 8,500 450 You can hard enter these numbers Cost per equivalent unit started/added $ 10,000.00 $ 8,500.00 $ 8,950.00 2. Compute (a) the cost of goods completed and transferred to the freezing department during April and (b) the cost of work in process as of April 30, 2017 (a) Cost of goods completed and transferred out (b) Cost of work in process as of April 30, 2017 Total Costs Accounted For Ice Cream Mix $27,000 $ 10,000.00 $ 2.70 Conversion Flavorings Costs $4.080 $53.700 $ 8,500.00 $ 8,950.00 $ 0.48 $ 6.00 Total $84,780 $ 27,450.00 $ 9.18