Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

تمرين 14

Weighted-Average Method Arsenio Company manufactures a single product that goes through two processes, mixing and cooking. The following data pertain to the mixing department for August:

Material X is added at the beginning of work in the mixing department. Material Y is also added in the mixing department, but not until product units are 60% complete with regard to conversion. Conversion costs are incurred uniformly during the process. The company uses the weighted-average cost method.
Required
1. Calculate equivalent units of material X, material Y, and conversion for the mixing department.
2. Calculate costs per equivalent unit for material X, material Y, and conversion.
3. Calculate the cost of units transferred out.
4. Calculate the cost of ending work-in-process inventory.