Question
Processing Company uses a weighted-average process cost system and manufactures a single productan industrial detergent used by many dry-cleaners. The manufacturing activity for the month
Processing Company uses a weighted-average process cost system and manufactures a single productan industrial detergent used by many dry-cleaners. The manufacturing activity for the month of October has just been completed. Instructions: Complete the production cost report for the month of October for the Mixing department. (Do not solve on the table below) Physical Units Materials Conversion Total Work in process, October 1 (all materials, 70% conversion costs) 21,800 Started into production 163,500 Total ? Work in process, October 31 (60% materials, 40% conversion costs) 54,500 ? ? Finished and Transferred ? ? ? Total ? ? ? Total Cost 261,600 114,450 376,050 Equavalent Units ? ? Unit Cost ? ? ? Reconciliation Schedule Finished and Transferred ? ? ? Work in process, October 31 ? ? ? ?
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