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Selected production and cost data of Nancy's Unity Co. follow for May 2024: (Click the icon to view the production and cost data.) On
Selected production and cost data of Nancy's Unity Co. follow for May 2024: (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 75% complete for materials and 25% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 80% complete for materials and 45% complete for conversion costs. The company uses the weighted-average meth 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 Nancy's Unity Co. Production Cost Report - Mixing Department (Partial) Month Ended May 31 i Data Table UNITS Units accounted for: Total units accounted for Equivalent Units Mixing Department Heating Department Physical Units Direct Materials Conversion Costs Units to account for: Beginning work-in-process, April 30 Started in May Transferred in during May Total units to account for * Requirements 35,000 3,000 70,000 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 80,000 105,000 83,000 2. Compute the equivalent units of production for transferred in costs, direct materials, and conversion costs for the Heating Department. Units accounted for: Completed and transferred out during May 80,000 72,000 Print Done Ending work-in-process, May 31 25,000 11,000 105,000 83,000 Total units accounted for Print Done X
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