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Return to CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is available
Return to CloverSweet Inc. manufactures a product that goes through two departments prior to completion. The information shown in the table below is available about work in the first department, the Mixing Department, during June: Work in process, beginning Started into production Completed and transferred out Work in process, ending Work in process, beginning Cost added during June Required: Assume that the company uses the weighted average method. 1. Determine the equivalent units for June for the first process. Answer is complete but not entirely correct. Equivalent units of production Materials 380,000 Conversion 440,000 Percent Complete Units 50,000 Materials Conversion 75% 30% 430,000 380,000 100,000 60% Materials $ 45,500 $425,500 40% Conversion $ 25,000 $145,000 4
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