Turkey Corporation manufactures one product and utilizes the weighted average process cost accounting system with three consecutive processes: mixing and cooking and packaging. Materials are added at the beginning of each process. Conversion costs are incurred uniformly during the period in each process. Production data for the cooking process for January is as follows: Beg. WIP units conversion) 5,000 (80% complete materials, 40% complete Units Started 11,000 End. WIP units 4,000 (25% complete as to conversion) Materials Costs: Conversion Beg. WIP $20,500 $15,500 44,000 Costs incurred in January 63,000 1. Determine the equivalent units of production. (5 points) 2. Determine the cost per equivalent unit in Cooking process. (6 points) 1. Determine the equivalent units of production. (5 points) 2. Determine the cost per equivalent unit in Cooking process. (6 points) 3. Determine the total cost of the units completed in the Cooking process during January. (3 points) 4. Determine the cost of the work in process in the Cooking process at the end of January (4 points) 5. Reconcile Costs to Account For to Costs Accounted For (2 points) Upload Choose a File