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Weston Products manufactures an Industrial cleaning compound that goes through three processing departments-Grinding, Mixing. are introduced at the start of work in the Grinding Department.
Weston Products manufactures an Industrial cleaning compound that goes through three processing departments-Grinding, Mixing. are introduced at the start of work in the Grinding Department. The Work in Process T-account for the Grinding Department for May is given below: 8 01:39:58 Work in Process-Grinding Department Inventory, May 1 310,070 Completed and transferred to the Mixing Department Materials 570,560 Conversion 363,662 Inventory, May 31 The May 1 work in process inventory consisted of 101.000 pounds with $183,820 in materials cost and $126.250 in conversion cost. The May 1 work in process inventory was 100% complete with respect to materials and 30% complete with respect to conversion. During May, 280,000 pounds were started into production. The May 31 inventory consisted of 78,000 pounds that were 100% complete with respect to materials and 70% complete with respect to conversion. The company uses the weighted average method in its process costing system. Required: 1. Compute the Grinding Department's equivalent units of production for materials and conversion in May. 2. Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. 3. Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May. 4. Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's equivalent units of production for materials and conversion in May. Materials Conversion Equivalent units of production Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit vidy. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Complete this question by entering your answers in the tabs below. LULLLLLLLLLLLL Required 1 Required 2 Required 3 Required 4 ---------- Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion T otal Cost of units completed and transferred out
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