WT118A-7 (similar to) Question Help Swain Company uses the FIFO method in its process costing system. The Mixing Department started the month with 200 units in process that were 20% complete, started in production 2.500 units, and transferred 2,800 units to the finished goods storage arra. All materials are added at the beginning of the process and conversion costs our evenly. The units in process at the end of the month are 50% cuinulete with respect to conversion costs. The departrerit incurred the following usle: B Click the loon to view the costs) Read the reguremente 14A. Hun mariyunnils are slil in process at the end of the monik? Determine the formula, then enter the amounts to calculate units in process at the end of the month. Heginning balance Started in production Transferred must 2,500 2600 In process units 100 15A. Compule the equivalent units of production for the Mixing Department for the current month. Swain Company Production Cost Report. Mixing Department Physical Units Equivalent Unite Direct Conversion Materials Costs Data Table - UNITS Units lo account for Beginning work-in-process 200 Total Started in production 2,500 2,700 Total units to account for Direct Materials Conversion Costs Beginning WIP Added this month $ 460 $ 5.750 $ 1,150 8,525 3 1,810 3 12,275 3 6,210 7,675 13,bas Toll Units accounted for 210 160 2,400 Beginning work in process Started and completed Transferred to Finished Goods 2,400 2,400 Print Done 2,600 2,400 2,560 WT118A-7 (similar to) Question Help Swain Company uses the FIFO method in its process casting system. The Mixing Department started the month with 200 units in process that were 20% complete, started in production 2,500 units, and transfers 2,800 units to the finished goods storage arca. Al materials are added at the beginning of the process and conversion costs occur evenly. The units in process at the end of the tranth arc: 50% complete with respect to conversion costs. The department incurred the following costs: Click the icon to view the costs.) Read that requiremenils. urus XXXUCU Beginning work-in-process 200 160 Started and completed 2.400 2.400 2.400 Transferred to Finished Goods 2.600 2,400 2.580 Ending work-in-process 100 100 Tatal units nocounted for 2,700 2,500 2610 0 50 16A. Determine the cost per equivalent unit for the current period for direct materials and conversion costs. (Enter cost per equivalent units to the nearest cent Abbreviations used: EUP = Equivalent Units of Production: WIP= Work in Process Swain Company Production Cost Report - Mixing Department i Data Table Direct Total Cost Conversion Costs Materials Costs per Unit COSTS Casts to account for Beginning work-in-process Coats added during the period Total costs to account for $ 1150 460 5,750 8.525 1610 12,275 13.085 Direct Materials Conversion Costs Beginning WIP Added this month S 463 $ 5.750 $ 1,150 6.525 S 1.610 $ 12 275 $ Total 6,210 7.675 13 885 3 8,210 S 7.675 S Total 3 5,750 S 8,525 Cosis added during the period Divided by: EUP this period Print Done Cast per equivalent unit
