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Santa Fe Paints completed the following production report for the Mixing Department for the month of September 2024: (Click the icon to view the
Santa Fe Paints completed the following production report for the Mixing Department for the month of September 2024: (Click the icon to view the production report.) During September, Santa Fe Paints reports the following in its Finishing Department: (Click the icon to view the information.) Complete a production cost report to assign the Finishing Department's September total costs to units completed and to units in process at the end of the month. Assume Santa Fe Paints uses the weighted-average method. (Round all cost per unit amounts to the nearest cent. Abbreviation used: EUP = equivalent units of production.) UNITS Units Data table Units to account for: Beginning work-in-process 4,000 UNITS Transferred in 14,000 Beginning Work-in-Process Inventory (20% complete for direct materials; 70% complete for conversion costs) 4,000 units 18,000 Total units to account for Transferred in from Mixing Department during September 14,000 units Units accounted for: Completed and transferred out to Finished Goods Inventory during September Ending Work-in-Process Inventory (30% complete for direct materials; 80% complete for conversion costs) 15,000 units 3,000 units Completed and transferred out Ending work-in-process Total units accounted for COSTS Work-in-Process Inventory, August 31 (transferred in costs, $11,400; direct material costs, $1,000; conversion costs, $1,800) $ 14,200 Transferred in from Mixing Department during September 33,600 Direct materials added during September 5,360 ore help Conversion costs added during September 24,300
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