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Required 3 - Calculate the cost of units transferred out.(Do not round intermediate calculations.) For arsenio Cost of Units Transferred Out - Required 4 -
Required 3 - Calculate the cost of units transferred out.(Do not round intermediate calculations.) For arsenio
Cost of Units Transferred Out -
Required 4 - Calculate the cost of the ending Work-in-Process Inventory.(Do not round intermediate calculations.)
Cost of Ending Work-in-Process -
Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August: Inlork-in-process inventory, August 1 Conversion: 89% complete 36,688 units Work-in-process inventory, August 31 Conversion: 59% complete 38,668 units Units started 64,698 Units completed and transferred out ? Costs Work-in-process inventory, August 1 Material X $ 53,768 Material Y 85,699 Conversion 118,998 Costs added during August Material X 152,099 Material Y 167,268 Conversion 229, 318 Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until units are 70% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method. Required: 1. & 2. Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. 3. Calculate the cost of units transferred out. 4. Calculate the cost of the ending WorkinProcess Inventory. Complete this question by entering your answets in the tabs below. Req 1 and 2 Req 3 H Req 4 ' Calculate the equivalent units and costs per equivalent unit of material X, material Y, and conversion for the mixing department. (Round "Cost per Equivalent Unit" answers to 2 decimal places.) Equivalent Units Cost per Equivalent Unit Req3 )Step by Step Solution
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