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How to calculate the units complete and WIP ? Benson Paints provides the following information for the Mixing Department for the month of Septembe (Click
How to calculate the units complete and WIP ?
Benson Paints provides the following information for the Mixing Department for the month of Septembe (Click the icon to view the information.) Complete a production cost report for the Mixing Department for the month of September 2024 to dete Inventory-Mixing. Assume Benson Paints uses the weighted-average method. Enviny wompress Total units accounted for COSTS Costs to account for: Beginning work-in-process Costs added during the period Total costs to account for Divided by: Total EUP Cost per equivalent unit Costs accounted for: Completed and transferred out Ending work-in-process Total costs accounted for 20,000 $ $ $ $ 15,450 Direct Materials 0 $ 1,545 $ Conversion Costs 1,545 $ 15,450 0.10 $ 1545 17,200 0 $ 41,280 $ 41,280 $ 17,200 2.40 41280 Tota Cost 42825 Beginning Work-in-Process Inventory Started in Production in September Total to Account For Completed and Transferred to Finishing Department during September Ending Work-in-Process Inventory (35% complete for direct materials; 60% complete for conversion costs) Total Accounted For *Includes $1,545 direct materials and $41,280 conversion costs Print Done Units 0 $ 20,000 20,000 Costs 0 42,825* 42,825 13,000 7,000 20,000 $ 42,825 ? ?
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