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Show me the steps to solve ( Continued from Demonstration Problem 1 ) Process Excellence ( PE ) , Inc., has two production departments: Mixing
Show me the steps to solve Continued from Demonstration Problem
Process Excellence PE Inc., has two production departments: Mixing and Packaging.
At the Packaging Department, all materials are added at the beginning of the process. Labor and
overhead conversion resources are added evenly throughout the process. The following
information pertains to the Packaging Department for the month of July.
This is the cost of goods completed and transferred out of the Mixing Department in July using the
weightedaverage method.
Required:
Determine the number of units started in July.
Compute the equivalent units using the weightedaverage method.
Compute the cost per equivalent unit using the weightedaverage method.
Compute the costs of goods transferred out and the ending workinprocess inventory using the
weightedaverage method.
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