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Extraordinary Incorporated Manufactures Quality Hair Care Products The Costs Added by the Mixing Department During the Month

Question 122

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Extraordinary Incorporated manufactures quality hair care products.The ingredients are combined in the mixing department and put in 473 mL containers in the packaging department.
The following information pertains to the mixing department for the month of March:  Extraordinary Incorporated manufactures quality hair care products.The ingredients are combined in the mixing department and put in 473 mL containers in the packaging department. The following information pertains to the mixing department for the month of March:   The costs in work in process at March 1 in the mixing department were as follows:  \begin{array}{lr}&\text { Mixing }\\&\text { Department }\\ \text { Work in process, March } 1 \text { : }\\ \text { Materials } & \$ 15,000 \\ \text { Direct labour } & 20,000 \\ \text { Manufacturing overhead } & 17,600 \\ \text { Total costs } & \$ 52,600 \end{array}  The costs added by the mixing department during the month of March were as follows:  \begin{array}{lr}&\text { Mixing }\\&\text { Department }\\ \text { Materials } & \$ 90,000 \\ \text { Direct labour } & 120,000 \\ \text { Manufacturing overhead } & 100,000 \\ \text { Total costs added } & \$ 310,000 \end{array}  Round unit costs to two decimal places.  Required: A.	Prepare a physical flow schedule for the mixing department for March. B.	Using the weighted average method, determine the equivalent units of production for materials and conversion for the mixing department for March. C.	Using the weighted average method, determine the cost per equivalent unit of production for materials and conversion for the mixing department for March. D.	Using the weighted average method, determine the cost of goods transferred out and the cost of ending work in process for the mixing department. The costs in work in process at March 1 in the mixing department were as follows:  Mixing  Department  Work in process, March 1 :  Materials $15,000 Direct labour 20,000 Manufacturing overhead 17,600 Total costs $52,600\begin{array}{lr}&\text { Mixing }\\&\text { Department }\\\text { Work in process, March } 1 \text { : }\\\text { Materials } & \$ 15,000 \\\text { Direct labour } & 20,000 \\\text { Manufacturing overhead } & 17,600 \\\text { Total costs } & \$ 52,600\end{array} The costs added by the mixing department during the month of March were as follows:  Mixing  Department  Materials $90,000 Direct labour 120,000 Manufacturing overhead 100,000 Total costs added $310,000\begin{array}{lr}&\text { Mixing }\\&\text { Department }\\\text { Materials } & \$ 90,000 \\\text { Direct labour } & 120,000 \\\text { Manufacturing overhead } & 100,000 \\\text { Total costs added } & \$ 310,000\end{array} Round unit costs to two decimal places.

Required:
A. Prepare a physical flow schedule for the mixing department for March.
B. Using the weighted average method, determine the equivalent units of production for materials and conversion for the mixing department for March.
C. Using the weighted average method, determine the cost per equivalent unit of production for materials and conversion for the mixing department for March.
D. Using the weighted average method, determine the cost of goods transferred out and the cost of ending work in process for the mixing department.

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