Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 4 Needs Grading Clean Dish Inc manufactures dishwashing detergent. The detergent goes through two departments: Mixing and Packaging. The company accountant has assembled the

image text in transcribed
Question 4 Needs Grading Clean Dish Inc manufactures dishwashing detergent. The detergent goes through two departments: Mixing and Packaging. The company accountant has assembled the information below for the Month of October: Mixing Department: Work in Process October 1, 8,000 units Direct Material 100% complete $12,220 Conversion 70% complete $10,200 Balance Work in Process October 1 $22,420 Units started in October ??? units Units Completed during October and transferred to Packaging Department 100,000 units Costs incurred in October Direct Material $27,600 Conversion Costs $193,800 Work in Process October 31, 5,800 units Direct Material 90% complete Conversion 60% complete REQUIRED: ROUND TO FOUR DECIMAL POINTS! 1. Prepare the weighted average production report for the Mixing Department in the month of October. Round all calculations to two decimal places. Format is important! a. How many units must be accounted for? 6 points b. What is the total cost of material and conversion in the Mixing department for October? 6 points c. Calculate equivalent units for material and conversion. 10 points d. Reconcile total cost with the balance remaining in October 31 work in process plus transferred to the Packaging Department. A potential $3-5 difference is possible due to rounding. 6 points

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

e. What difficulties did they encounter?

Answered: 1 week ago