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Selected production and cost data of Laura's Caliper Co. follow for May 2018: (Click the icon to view the production and cost data.) On
Selected production and cost data of Laura's Caliper 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 80% complete for materials and 45% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 60% complete for materials and 35% 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 Laura's Caliper Co. Production Cost Report - Mixing Department (Partial) Month Ended May 31 UNITS Units accounted for Total units accounted for Equivalent Units Physical Units Direct Materials Conversion Costs K Selected production and cost data of Laura's Caliper Co. follow for May 2018: E(Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 80% complete for materials and conversion costs. The Heating Department ending Work-in-Process Inventory was 60% complete for materia conversion costs. The company uses the weighted-average method. Data table Units to account for Beginning work-in-process, April 30 Started in May Transferred in during May Total units to account for Mixing Department Heating Department 25,000 10,000 90,000 90,000 115,000 100,000 Units accounted for: Completed and transferred out during May 90,000 82,000 Ending work-in-process, May 31 25,000 18,000 115,000 Total units accounted for 100,000 - X for the s of pa Requirements 14 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. X
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