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Selected production and cost data of Amy's Craft Co. follow for May 2018: (Click the icon to view the production and cost data.) On May
Selected production and cost data of Amy's Craft Co. follow for May 2018: (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 60% complete for materials and 40% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 80% complete for materials and 55% complete for conversion costs. The company uses the weighted average method. Read the requirements Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs. Amy's Craft Co. Production Cost Report - Mixing Department (Partial) Month Ended May 31 Equivalent Units Physical Direct Conversion Units Materials Costs UNITS Units accounted for: Completed and transferred out 75,000 75,000 75,000 Ending work-in-process 40,000 Total units accounted for Data Table Mixing Department Heating Department Units to account for: 35,000 4,000 Beginning work-in-process, April 30 Started in May 80,000 Transferred in during May 75,000 79,000 115,000 Total units to account for Units accounted for: Completed and transferred out during May Ending work-in-process, May 31 75,000 70,000 40,000 115,000 9,000 79,000 CH Total units accounted for 1 Check Answer Print Done Selected production and cost data of Amy's Craft Co. follow for May 2018: (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 60% complete for materials and 40% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 80% complete for materials and 55% complete for conversion costs. The company uses the weighted average method. Read the requirements. Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs. Requirements 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 2. Compute the equivalent units of production for transferred in costs, direct materials, and conversion costs for the Heating Department. UNITS Units ac Com Print Done Endilega Total units accounted for Data Table Mixing Department Heating Department Units to account for: 4,000 Beginning work-in-process, April 30 Started in May Transferred in during May 35,000 80,000 75,000 79,000 115,000 Total units to account for Units accounted for: 75,000 70,000 Completed and transferred out during May Ending work-in-process, May 31 40,000 9,000 79,000 CH Total units accounted for 115,000 ? Check Answer Print Done
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