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(5) Firenze, Inc., manufactures a product that goes through two departments prior to completionthe Mixing Department followed by the Packaging Department. The following information is
(5) Firenze, Inc., manufactures a product that goes through two departments prior to completionthe Mixing Department followed by the Packaging Department. The following information is available about work in the first department, the Mixing Department, during June. (30 points) Percent Completed Materials Conversion 70% 40% Work in process, beginning Started into production Completed and transferred out Work in process, ending Work in process, beginning Cost added during June Units 80,000 392,500 382,500 90,000 75% $31,500 $337,500 25% $11,300 $239,800 Required: Assume that the company uses the weighted average method. 1. Determine the equivalent units for June for the Mixing Department. 2. Compute the costs per equivalent unit for June for the Mixing Department. 12:24 PM 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the Packaging Department. 1. Determine the equivalent units for June for the Mixing Department. Materials Conversion Equivalent Units of Production 2. Compute the costs per equivalent unit for June for the Mixing Department, Materials Conversion Cost per Equivalent Unit Good Luck 012:24 PM
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