Extraordinary Incorporated Manufactures Quality Hair Care Products The Costs Added by the Mixing Department During the Month
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: The costs added by the mixing department during the month of March were as follows: 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.
Correct Answer:
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