Question 4. Honeybutter Ltd Pty manufactures a product that goes through two departments prior to completionthe Mixing Department followed by the Packaging Department. The following information is available about work in the first department, the Mixing

Department, during June.

Percent Completed

Units Materials Conversion

Work in process, beginning 70,000 70%

Started into production 460,000

Completed and transferred out 450,000

Work in process, ending 75%

Work in process, beginning $36,550

Cost added during June $391,850

40%

25%

$13,500

$287,300

Required:

Assume that the company uses the weighted-average method.

1. Determine the equivalent units for June for the Mixing Department.
2. Compute the costs per equivalent unit for June for the Mixing Department.
3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the Packaging Department.