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QUESTION I 30 POINTS Cost one class manufactures kanel oil that goes through three processing dapat Cracking, Bending, and Bottling. All of the raw
QUESTION I 30 POINTS Cost one class manufactures kanel oil that goes through three processing dapat Cracking, Bending, and Bottling. All of the raw materials are introduced at the start of the work in the Cracking Department. The Work in process T account for the Cracking Department for May follows Work In Process-Cracking Department Inventory May 1 (35,000 bottles Completed and transferred to conversion 4/5 completo) 63,700 blinding bottles $ May cost added Raw materials (280,000 bottles 397 600 Conversion costs 189 700 Inventory May 31, (45,000 bottles conversion 2/3 complete) The May 1, work in process inventory consists of $43,400 in paterials cost and $20,300 in conversion cost. The company uses the weighted-average fethod Required: Determine the cost of the units completed and transferred to blending during May and the cost of ending work in process inventory Note: Show complete working of the problems Il Cycle the answer(s) to the worked problems
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